Hyundai Motor Group Chairman Chung Eui-sun had a series of meetings with CEOs of European air engine makers designed to develop advanced air mobility (AAM).
Hyundai Motor Group and Rolls-Royce signed an MOU to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market.
The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies and industrialization capability.
Both companies share a vision of leading the way in the AAM market delivering battery-electric and fuel cell electric solutions to the Urban Air Mobility (UAM) and Regional Air Mobility (RAM) markets and advancing sustainable aviation.
Hyundai Motor Group participated in the Farnborough International Airshow in the UK and showcased a concept model of an AAM aircraft, HMG said on July 19.
In particular, Hyundai Motor Group Chairman Chung toured the international airshow, in which he signed an MOU on partnership with Rolls-Royce.
CEO Warren East of Rolls-Royce visited Hyundai Motor Group’s subsidiary Supernal’s booth and met with Chairman Chung and Supernal President Shin Jae-won.
CEO Warren East boarded a mockup version of an urban air mobility (UAM), unveiled by Supernal, before signing an MOU with Hyundai Motor Group.
The signing ceremony was attended by Warren East, CEO of Rolls-Royce, Grazia Vittadini, Chief Technology and Strategy Officer and Rob Watson, President of Rolls-Royce Electrical as well as Chung Eui-sun, Chairman of Hyundai Motor Group, Shin Jai-won, President and Head of AAM Division of Hyundai Motor Group, and Song Jae-yong, Vice President of AAM Division of Hyundai Motor Group.
The MOU between Rolls-Royce and Hyundai Motor Group includes five strategic aims:
· Collaborating on the technology development and requirements of power and propulsion systems for Hyundai’s Advanced Air Mobility Division.
· Collaborating on the industrialization of Rolls-Royce power and propulsion systems for the Advanced Air Mobility market.
· Development of electric propulsion systems based upon hydrogen fuel cells as an energy source for Hyundai’s RAM platforms.
· Collaborating to bring to market a joint fuel-cell electric propulsion system to the wider AAM market.
· Delivering a joint fuel-cell electric aircraft demonstration by 2025.
Shin Jai-won, President of Hyundai Motor Group, said, “We are pleased to partner with Rolls-Royce to draw upon their aviation and certification expertise to accelerate the development of hydrogen fuel-cell propulsion systems.
“Hyundai has successfully delivered hydrogen fuel cell systems to the global automotive market and is now exploring the feasibility of electric and hydrogen propulsion technologies for aerospace integration. We believe this to be the key technology to support the global aviation industry’s goal to fly net zero carbon by 2050.”
Hyundai Motor Group Chmn. Chung Meets with Indonesian President
Hyundai Motor Group Chairman Chung Eui-sun met with Indonesian President Joko Widodo in Seoul Lotte Hotel on July 28 and discussed ways of expanding cooperation with Indonesia from the eco-friendliness sector to advanced future field.
Chairman Chung and President Widodo shared Hyundai Motor Group’s vision of human-oriented smart city and future smart mobility solutions and exchanged a wide range of views, the automaker group said.
President Widodo expressed hope Hyundai Motor Group would play a leading role in the growth of the Indonesian eco-friendly mobility market such as EVs and the group would be a partner to provide important solutions such as clean mobility in the course of the construction of a new administrative capital in Indonesia. Indonesia plans to move its capital to East Kalimantan to resolve Jakarta’s population concentration issues.
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