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Hyundai’s Supernal Halts eVTOL Program After CEO Exit and Reported CTO Departure

Hyundai has launched a leadership search alongside a review of the program timeline, including the previously stated 2028 target.

Attendees walk past an advert for a Supernal concept eVTOL (electric take off and landing vehicle) at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. REUTERS/Toby Melville/File Photo

Overview

  • The suspension covers development of the S‑A2 air taxi, a battery‑electric eVTOL designed to carry four passengers and a pilot.
  • Supernal confirmed the Aug. 31 departure of CEO Jaiwon Shin, and multiple outlets report that CTO David McBride has also left.
  • Senior executive David Rottblatt is overseeing business operations as interim COO during the transition.
  • The company logged a technology‑demonstrator’s first flight earlier in 2025 but had not achieved an untethered, representative flight before the pause.
  • Recent cutbacks included summer layoffs and the late‑2024 wind‑down of a Washington, D.C., office, with the broader sector seeing delays such as Airbus pausing its CityAirbus NextGen program.