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🟥 Hyundai’s electric air taxi startup Supernal is moving its HQ from DC to California Hyundai's electric vertical takeoff and landing startup, Supernal, is relocating its global headquarters from Washington, D.C. to Irvine, California, affecting about 35 to 40 employees who are being asked to move. This change impacts most of the 45 employees based in D.C., where Supernal had recently established a new office intended to foster employee comfort and collaboration. Jaiwon Shin, president of Hyundai Motor Group and CEO of Supernal, stated that the move aims to enhance teamwork, although the D.C. office will continue to focus on policy and regulatory matters. Supernal, which has grown to about 700 employees since its spin-off in 2021, remains committed to launching its eVTOL service by 2028. The eVTOL industry faces challenges, with some companies struggling while others, like Joby Aviation, are receiving significant investments for upcoming launches. 💬 Source 📌 Powered by V3V Ventures
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