India, Jan. 7 -- At the Consumer Electronics Show 2020 (CES 2020) in Las Vegas, USA, Uber and Hyundai Motor Company have announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept.

"Our vision of Urban Air Mobility will transform the concept of urban transportation," said Jaiwon Shin, Executive Vice President and Head of Hyundai's Urban Air Mobility (UAM) Division. "We expect UAM to vitalize urban communities and provide more quality time to people. We are confident that Uber Elevate is the right partner to make this innovative product readily available to as many customers as possible."

In this partnership, Hyundai will produce and deploy the air vehicles,...