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Hyundai Motor Group and Nusantara Capital City Authority to pursue AAM in Indonesia

Hyundai Motor Group takes first step to expand air mobility business in Southeast Asia

Hyundai Motor Group took its first step in advancing into Southeast Asia s air mobility (AAM) market by agreeing to establish a state-of-the-art transportation ecosystem in Indonesia s new capital, according to the group, Monday. The automotive group signed a memorandum of understanding (MOU) for the project at the Business 20 (B20) Summit in Bali, Indonesia. Hyundai said the MOU was signed by Shin Jai-won, president and head of the group s Advanced Air Mobility Division, and Indonesian government officials including Bambang Susantono, head of the Nusantara Capital City Authority.

Hyundai Motor Group, Safran sign MOU for advanced air mobility development cooperation

Hyundai Motor Group, Safran sign MOU for advanced air mobility development cooperation
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