Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account And Germany’s Lilium, which is also developing an eVTOL aircraft, in November announced its first US hub near Orlando, Florida. conducted Japan’s first public demonstration of a flying vehicle. In September, Japanese company Sky Drive Inc.
(TM) have all backed startups in what is known as the electric vertical takeoff and landing (eVTOL) industry. (HYMTF) unveiled plans for an electric flying taxi. At the Consumer Electronics Show in Las Vegas last month, Uber Volkswagen joins a growing list of companies exploring the potential of flying vehicles. In an interview posted to LinkedIn on Tuesday, head of Volkswagen China Stephan Wöllenstein told Volkswagen chairman Herbert Diess that the company also plans to develop a drone that could be licensed, which would help it to participate in the future market for individual mobility “that’s taking place up in the air and not down on the streets.” Luxury automakers race to perfect the flying car What's more fancy than a Porsche? A flying Porsche. Flying vehicles would need to operate in crowded airspace, near small drones and traditional airplanes, and would also need a regulatory framework, which could take years. It delivered more than three times the volume of battery electric vehicles last year than it did in 2019, while plug-in hybrid deliveries surged 175% to 190,500 units.īut “vertical mobility” throws up many more hurdles than electric mobility, including safety and reliability. The news comes as the German carmaker makes a big push into electric cars. “Therefore we are investigating potential concepts and partners in a feasibility study to identify the possibility to industrialize this approach,” it added.Ĭhina is the world’s largest autos market and is also Volkswagen’s single biggest customer. (VLKAF) is looking into flying vehicles in China, becoming the latest automaker to probe the possibilities of personal air travel.Įurope’s largest automaker said in a statement on Tuesday that “vertical mobility” could be the next step after self-driving technology.
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