The air taxi concept was designed with the Uber Elevate aerial ride-hailing service in mind, making use of Uber's suggested spec.
The small aircraft is capable of vertical take-off and landing, converting to fixed-wing flight once cruising altitude has been reached.
Hyundai estimates a top speed of about 200 mph, with a cruising range of about 60 miles.
The fully electric craft can be recharged in six or seven minutes between trips, according to Hyundai.
With quiet electric motors and props, the S-A1 is able to be used in dense urban areas where a helicopter might be too loud.
The concept boasts seating for up to five passengers, including the pilot.