Hyundai Motor Co. will work with British firm Urban-Air Port to build urban air mobility (UAM) infrastructure and recharging stations and conduct maintenance and repair works.
The UAM is for handling takeoff and landings of future personal air vehicles (PAVs).
Hyundai has signed memorandums of understanding for UAM endeavors with two cities in the UK, including Coventry.
The South Korean company noted that while the focus on air mobility is mainly on flying vehicles, supporting infrastructure is incredibly important for the industry's growth.
It said that close cooperation with its British partner would allow Hyundai to establish critical air mobility foundations.
This year, Hyundai unveiled its vision for PAV and said it is planning to connect services for purpose-built vehicles and mobility hubs.


Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours
Google Secures Pentagon AI Deal for Classified Projects
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Supreme Court Asked to Reinstate Mail-Order Access to Abortion Pill Mifepristone 



