Volkswagen's sports car brand Porsche has teamed up with American aircraft manufacturer Boeing and its subsidiary Aurora Flight Sciences to develop and build a brand new type of flying car that is fully electric and can lift and land vertically.
Porsche announces three days ago in a press release that the company wants to expand its business area and become a leader in "premium mobility”. “Porsche is looking to enhance its scope as a sports car manufacturer by becoming a leading brand for premium mobility. In the longer term, this could mean moving into the third dimension of travel,” says Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG. “We are combining the strengths of two leading global companies to address a potential key market segment of the future.”
The aerial vehicle called VTOL vehicle (vertical take-off and landing) is capable of lifting vertically from the ground without the need for a take-off and landing runway. The goal is for the flying car to be used in urban environments for transport services.
According to a study conducted by Porsche in 2018, the market for urban air travel is expected to increase after 2025. The technology is then estimated to be so developed that it is alleged to be able to exceed terrestrial transport in terms of flexibility and cost.
Reuters reports that earlier this year Boeing has performed a test flight of a flying car prototype that could carry two to four passengers and fly up to 80 kilometers. In addition to Boeing, European Airbus SE, among others, will work with Volkswagen-owned Audi on similar projects.