Hyundai Motor to acquire a minority stake in Urban-Air Port.

Hyundai Motor, a commercial vehicles providing company, agreed to acquire a minority stake in Urban-Air Port, a UK startup designing hubs for flying taxis. Financial terms were not disclosed. "As we advance our eVTOL aircraft programme, development of supporting infrastructure is imperative. Air-One® is a unique project that is set to help lead the way in developing a robust, accessible and intermodal infrastructure network for future mobility. We are excited to be part of this partnership in the UK, and look forward to working together to create community impact and opportunity through safe, affordable, and human-centred mobility solutions," Pamela Cohn, Urban-Air Port COO.