The US aircraft giant, Boeing, and the German sports car maker, Porsche, announced on October 10, 2019 that they have teamed up to develop an electric vehicle that has the ability to fly.
They want to explore the premium urban air mobility market and the extension of ground traffic into the air through a fully electric vertical takeoff and landing vehicle.
So basically what they’re saying is that they want to create and electric car that flies.
Although, this announcement did not include details about the amount of money these two companies plan to invest in the effort or a target date or price range.
In this mix as well is Volkswagen AG, Porsche’s parent company, is the world’s largest automaker and has announced a major push into the development of electric vehicles. They are setting a target of building 22 million electric cars over the next 10 years.
They are combining the strengths of two leading global companies to address a key market segment of the future. They believe that in the long term, this could mean moving into the third dimension of travel.
Boeing’s revenue was able to top at $100 billion for the first time in 2018, although its sales will be lower this year due to the grounding of its best selling commercial jet, the 737 Max, due to two accidents that killed 346 people. They have already shown us a prototype of a self-driving electric powered flying car earlier in the year.
Porsche and Boeing, when working together, bring precision engineering, style and innovation to accelerate urban air mobility worldwide, which is a unit that the company has been working on for next generation vehicles and aircraft.
Weekly Motor Talk 