September 28, 2020

UPASI BLOG

News from Point of View

Here's why you probably won't own a flying car, but may still commute by air

Here's why you probably won't own a flying car, but may still commute by air

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Companies such as Boeing, Airbus, Toyota and Uber are recognizing the need for more efficient travel, and injecting millions of dollars into developing VTOLs, or Vertical Takeoff and Landing Vehicles. Though these vehicles don’t resemble the flying cars of “Back to the Future” or “Blade Runner,” they have the potential to fundamentally change the way we commute in cities. Experts predict the market for urban air mobility to reach $1.5 trillion by 2040.

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