Flying Cars By 2030? Hyundai Working On Making Fantasy Into A Reality, Says Auto Giant

The development come at a time when when various companies across the world have been working on making the fantasy of flying cars into a reality.

(Representative Image/Getty)

New Delhi: According to renowned carmaker Hyundai, flying cars will be a reality in cities around the world by the end of this decade, helping to reduce traffic and vehicle pollution. 

The development come at a time when when various companies across the world have been working on making the fantasy of flying cars into a reality. To do so, work is being carried out to build technologies and create creative prototypes that have already been tested in the air.  

Hyundai European operations CEO Michael Cole while talking at a conference of industry group Society of Motor Manufacturers and Traders, said that the firm has made some “very significant investments” in urban air mobility. 

"We believe it really is part of the future solution of offering innovative, smart mobility solutions. We think that by the latter part of this decade certainly, urban air mobility will offer a great opportunity to free up congestion in cities, to help with emissions, whether that’s intra-city mobility in the air or whether it’s even between cities”, he added. 

The South Korean automaker is developing electric-powered flying taxis that can ferry five to six passengers from crowded urban areas to airports. Cole believes that flying automobiles will help cities cut traffic congestion and even carbon footprint. 

The manufacturer is very faithful about its future value, so much so that it has already committed to investing $1.5 billion in urban air mobility by 2025. It even has its own Urban Air Mobility Division, managed by former NASA engineer Jaiwon Shin. At the Consumer Electronics Show in Las Vegas in January 2020, Hyundai unveiled its first flying car idea, developed in collaboration with ride-sharing company Uber. 

Hyundai is also working on the UK's first airport without a runway, which will be specifically constructed for electric vertical take-off and landing aircraft (eVTOL). This Coventry Airport is expected to open later this year. Air taxis and autonomous delivery drones will be able to take off and land at the airport.