![]() Interestingly, those original self-published editions of Contest have now become much sought after collectors' items. ![]() The editor tracked Matthew down through his contact details in the front of the book. In January 1997, a Commissioning Editor for Pan Macmillan Australia walked into Angus & Robertson's Pitt Street Mall store and bought a copy of Contest. He produced a big-budget-looking novel which he sold into bookshops throughout Sydney, one shop at a time. Following this revelation, Matthew soon began creating stories of his own and set about writing his first novel, Contest, at the age of 19 while still at university studying law.įollowing rejections from all the major publishers, Matthew self-published Contest in 1996, printing 1000 copies. It was only after he read To Kill A Mockingbird and Lord of the Flies in Year 10 that he realised reading could transport you to another world. Hyundai does not want to sell flying cars as a simple transaction, but believes it can develop services around the vehicles, Munoz said.Born in Sydney in 1974, Matthew Reilly was not always a big fan of reading. Munoz said Hyundai sees its flying cars serving not only residential customers but also transporting commercial cargo. In 2019, Hyundai, which has a dedicated Urban Air Mobility Division led by Jaiwon Shin, a former NASA engineer, pledged to invest about $1.5 billion in urban air mobility by 2025. Morgan Stanley has estimated the total addressable market for urban air mobility could hit $1 trillion by 2040 and $9 trillion by 2050. In January, GM unveiled a flying Cadillac concept. There's a lot of work to be done on the regulatory side, as well as the actual technology side." "2030 is probably a real commercial inflection point." "I think that there's a long pathway here," Pamela Fletcher, vice president of GM's Global Innovation team, said at the Reuters event. Other automakers developing flying cars either alone or with startups include Toyota Motor Corp (7203.T), Daimler AG (DAIGn.DE) and China's Geely Automobile Holdings (0175.HK). Hyundai is developing air taxis powered by electric batteries that can transport five to six people from highly congested urban centers to airports. "We see this market as a significant growth opportunity," Munoz said, adding he was "very confident" of the technology's development. He told Reuters on Monday it could possibly happen before 2025. Munoz, who is also CEO of Hyundai North America, previously said urban air taxis would be in operation at major U.S. Hyundai is ahead of its previously stated timetable for rolling out air-mobility vehicles, Jose Munoz, the company's global chief operating officer, said in an interview broadcast on Monday at the Reuters Events Car of the Future conference. The zero-emissions aircraft, which take off and land like helicopters and carry passengers and cargo, are being developed by a number of startups as well as aircraft makers and automakers, but they face a long road to profitability. DETROIT, June 14 (Reuters) - Hyundai Motor Co (005380.KS) and General Motors Co (GM.N) said on Monday they are pushing ahead with developing flying cars, with the South Korean company expressing optimism it could have an air-taxi service in operation as soon as 2025.Ī GM executive said it could take until 2030 for air-taxi services to overcome technical and regulatory hurdles and reach commercialization.
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