Porsche and Boeing are building a flying car

Porsche Boeing flying car

Porsche and Boeing have announced that they have signed a memorandum of understanding that will see the automotive and aerospace giants work together to explore the possibility of premium urban air mobility vehicles. Basically, flying cars.

The two companies, along with Aurora Flight Sciences, a subsidiary of Boeing, are working on a concept for a fully electric vertical takeoff and landing vehicle. Engineers from both companies will also implement and test a prototype

Porsche and Boeing will create an international team to address various aspects of urban air mobility, including market potential and possible use cases.

A 2018 study by Porsche Consulting forecasts that the urban air mobility market will pick up speed after 2025. The study also indicates that urban air mobility solutions will transport passengers more quickly and efficiently than current conventional means of terrestrial transport, at a lower cost and with greater flexibility.

According to Steve Nordlund, Vice President and General Manager Boeing NeXt, an organization that is laying the foundation for a next-generation mobility ecosystem in which autonomous and piloted vehicles can safely coexist, “this collaboration builds on our efforts to develop a safe and efficient new mobility ecosystem, and provides an opportunity to investigate the development of a premium urban air mobility vehicle with a leading automotive brand. Porsche and Boeing together bring precision engineering, style and innovation to accelerate urban air mobility worldwide.”

Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG, also added that “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. We are combining the strengths of two leading global companies to address a potential key market segment of the future.”

Porsche Boeing flying car

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