Hyundai's Supernal is relocating its headquarters to Irvine, California, impacting approximately 5% of its workforce. This shift aims to improve collaboration across teams.
Jaiwon Shin, CEO of Supernal, emphasized that the headquarters move is intended to enhance collaboration among teams while maintaining the D.C. office as a regulatory hub.
Despite the relocation, Supernal's objective of launching its eVTOL service by 2028 remains unchanged, showcasing the company’s continued commitment to urban air mobility.
The eVTOL industry faces challenges with companies like Volocopter struggling financially, while others like Joby Aviation attract substantial investments, indicating a competitive landscape.
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