SEOUL, June 24 (Korea Bizwire) — South Korea on Wednesday launched a task force to commercialize urban air mobility (UAM) services in the domestic market in 2025. Around 40 organizations and companies joined UAM Team Korea to offer such services, starting with one to two routes, or terminals, in the Seoul metropolitan area in 2025 [...]
SEOUL, June 4 (Korea Bizwire) — South Korea aims to commercialize urban air mobility (UAM) services in the domestic market in 2025 as it strives to tackle worsening traffic congestion in major cities, the transport ministry said Thursday. The government plans to begin offering UAM services initially with one to two routes, or terminals, in [...]
SEOUL, Jan. 8 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has partnered with Uber Technologies Inc. to foster an urban air mobility service in its latest move to take a lead in the fledgling business. Hyundai Motor and Uber signed a strategic deal, the first of its kind for the U.S. ride-hailing company, [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korea will come up with a road map on urban air mobility next year in a move to set rational regulations for safe airborne travel, the transport ministry said Tuesday. The road map, set to be unveiled in May, will include an analysis of demand for urban air [...]