Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility
Hyundai Motor Group has signed a Memorandum of Understanding (MoU) with the Nusantara Capital City Authority to establish an advanced air mobility (AAM) ecosystem in Indonesia. The agreement, signed during the B20 summit in Bali, aims to introduce AAM as part of a smart mobility system. This initiative is targeted at enhancing mobility across Indonesia's numerous islands. The Group plans to develop a roadmap including demonstration projects and test flights, with aspirations to expand the AAM ecosystem regionally and globally.
- MoU signed to establish AAM ecosystem in Indonesia.
- Plans to enhance mobility through advanced air mobility solutions.
- Potential expansion of AAM ecosystem beyond Southeast Asia.
- None.
- A First Step to Open Up AAM in ASEAN Market -
- President Jaiwon Shin of Hyundai Motor Group and the Head of Nusantra Capital City Authority Bambang Susantono attended the MoU signing ceremony
- The Group and local authorities signed to proactively introduce advanced air mobility (AAM) in the new capital city, starting with a demonstration project and test flights
- Based on success in the biggest aviation market in Southeast Asia, the Group plans to expand the AAM ecosystem regionally and then globally
- The Group commits to bring a better future for Indonesia through AAM
SEOUL, South Korea, Nov. 14, 2022 /PRNewswire/ -- Hyundai Motor Group (the Group) today signed a Memorandum of Understanding (MoU) with the Nusantara Capital City Authority (Indonesia: Otorita Ibu Kota Nusantara, OIKN) to work together to establish an advanced air mobility (AAM) ecosystem in Indonesia. The MoU was conducted during the B20 summit at Bali Nusa Dua Convention Center, Indonesia.
The MoU signing was attended by Jaiwon Shin, President and Head of Hyundai Motor Group's Advanced Air Mobility Division, with Indonesian government officials, including Bambang Susantono, Head of the Nusantara Capital City Authority.
The MoU aims to introduce AAM as part of a smart mobility ecosystem in the new capital city that Indonesia is working to establish. The Group plans to develop a roadmap and review the concept of consolidated mobility for ground and air while carrying out an AAM demonstration project and test flights.
"Implementing advanced air mobility in Nusantara is in line with OIKN's spirit of being a 'living laboratory' in Indonesia, open to creating a culture of new learning, working and lifestyle," said Bambang Susantono, Head of the Capital City Nusantara Authority. "We value Hyundai Motor Group's cooperation in developing Nusantara as a smart and sustainable city."
Indonesia, which is the largest aviation market in Southeast Asia, consists of more than 18,000 islands, making it difficult to develop land transportation. In addition, there is a movement to actively introduce a smart mobility ecosystem in the process of relocating the capital.
The Group expects to help improve the mobility of islanders by efficiently building an AAM ecosystem that utilizes Indonesia's high-level aviation infrastructure and technological capabilities.
The Group also plans to build a global AAM ecosystem beyond the SEA region based on its achievements in Indonesia.
More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-motor-group-signs-mou-with-nusantara-capital-city-authority-to-establish-ecosystem-for-advanced-air-mobility-301676915.html
SOURCE Hyundai Motor Group
FAQ
What is the MoU signed by Hyundai Motor Group and the Nusantara Capital City Authority about?
When was the MoU signed between Hyundai Motor Group and the Nusantara Capital City Authority?
What are the next steps for Hyundai Motor Group after signing the MoU?
How does the AAM initiative benefit Indonesia?
What is the significance of the AAM project in Southeast Asia?
