The companies revealed the collaboration at the CES consumer electronics fair being held in Las Vegas, Nevada, and said they hoped to perform the first tests this year and launch the full service in 2023.
The air vehicle designed by Hyundai was unveiled as model S-A1, which will be 100 per cent electric, reach speeds of 290 kilometers per hour(180 miles per hour) and travel distances of up to 100 km - that is, it will specialize in short journeys of less than 30 minutes.
The statement said the air vehicle concept "was created in part through Uber's open design process, a NASA-inspired approach that jump-starts innovation by publicly releasing vehicle design concepts so any company can use them to innovate their air taxi models and engineering technologies."
Since July last year, Uber has been running a helicopter service connecting the central New York island of Manhattan with John F. Kennedy International Airport that serves the city, charging around $200-225 per trip.
The company launched its Uber Copter service through the Uber Elevate division, a branch that was created three years ago to explore the possibilities of shared air transport.
In addition to the air journey, Uber Copter includes a car trip from the client's home to a helipad in the lower part of the island, from where the helicopter takes off for an eight-minute flight.
The entire journey, including, the transfer to the helipad, takes as little as half an hour, compared to the one or two-hour duration taken to cover the same distance by road, or other means of transport such as trains or the subway.
These helicopters, with two pilots as crew members, can accommodate up to five passengers.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.