Company positions the layoffs as a “strategic pivot” and says it “remains committed” to developing an air taxi.

Now, word got out that a Hyundai Motor Group-owned startup based out of California has laid off 80% of staff. Supernal, a flying EV company, revealed last week it was axing 296 jobs at facilities in ...

The dream of futuristic air taxis under Hyundai faces turbulence after its Supernal startup paused work on its aircraft program following the departures of CEO Jaiwon Shin and Chief Technology Officer ...

The FINANCIAL — Hyundai Motor will hand over 60 ix35 Fuel Cell cars to the Paris-based electric taxi start-up STEP (Société du Taxi Electrique Parisien). On November 11 a memorandum of understanding ...

Hyundai’s Supernal electric vertical takeoff and landing startup is cutting 10% of its workforce in California as it shifts toward certification of its aircraft and eventual production. RELATED: Intel ...

Hyundai Motor Group is moving its flying taxi division’s headquarters from the nation’s capital to Irvine, bolstering the local hub of aerospace and aircraft companies. The electric vertical takeoff ...

There are signs when a company’s not just selling cars — they’re planting long-term roots. That’s exactly what Hyundai Motor Group is doing with its new $21 billion commitment to the U.S. economy.

A Newport Beach, California, resident is suing Hyundai Motor and the air taxi startup Supernal it backs, accusing them of retaliation after she complained about alleged investor deception and gender ...