A Japanese company said it had completed a manned flight of its electrical vertical takeoff and landing machine. Experts say the technology needs work and that it will be expensive.ç
Tomohiro Fukuzawa, SkyDrive’s chief executive, said on Saturday that five years ago there were various prototypes of flying cars, usually with fixed wings. SkyDrive’s product, he said, was one of the most compact in size and was lighter compared with other designs.
SkyDrive was started in 2012 by members of a volunteer organization called Cartivator, and the company began developing a “flying car” in 2014.
This year, SkyDrive received funding from the Development Bank of Japan and other investors, the company said.
There are several companies developing similar technology, including Boeing and Airbus, as well as automakers Toyota and Porsche. In January, Hyundai and Uber announced they were collaborating on an all-electric air taxi.
Analysts with Morgan Stanley have said they expect urban air taxis to be common by 2040, with the global market projected to be $1.4 trillion to $2.9 trillion by then.
In my opinion, it looks like a big drone.