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What's More Fancy Than A Porsche? A Flying Porsche. Luxury Automakers Race To Perfect The Flying Car
What's More Fancy Than A Porsche? A Flying Porsche. Luxury Automakers Race To Perfect The Flying Car
What's More Fancy Than A Porsche? A Flying Porsche. Luxury Automakers Race To Perfect The Flying Car
Once upon a time, flying cars were a staple of science fiction and yet here we are, in the
November 2019 once dreamed of in the 1982 movie "Blade Runner," and we're still not
whizzing above neon-lit cityscapes in futuristic contraptions. However, the long-
expected travel convergence between automobile and aircraft may finally be about to unfold.
This is a pivotal time for the auto industry, with new automation and electrification
technologies threatening to disrupt a century-old business model. It's not surprising, then, that
some of the major names in the automobile industry have set their eyes on the nascent field of
personal air mobility. Firms such as Porsche, Daimler and Toyota are behind some of the
most daring startups in the nascent eVTOL (electric vertical takeoff and landing aircraft)
industry, that aims to revolutionize urban transportation by taking to the air.
Not to be outdone, Japanese automaker Toyota is also getting into air mobility through its
venture capital arm. Toyota AI Ventures is an investor in California-based Joby Aviation,
which proposes a manned eVTOL electric aircraft able to carry five passengers 150 miles
(240 kilometers) on one charge. In its product pitch, Joby highlights the speed and quietness
of its vehicle compared to other alternatives. The startup is still in stealth mode, but has
already received some $130 million in venture funding. Its backers include some prominent
Silicon Valley investors and JetBlue Technology Ventures, the venture capital arm of the
airline of the same name.
Jim Adler, Toyota AI Ventures' founding managing director, told CNN Travel, "One of the
areas we've been exploring is technologies that fundamentally change the way people move
around -- on land, at sea or in the air. Joby Aviation's vision of delivering safe, affordable,
and accessible air-transportation-as-a-service fits squarely in Toyota AI Ventures' view of the
future of transportation: one that is highly networked, increasingly automated, multi-modal
and widely available." Bonny Simi, president at JetBlue Technology Ventures, tells CNN
Travel that the nascent eVTOL industry combines expertise from both the automaking and
aerospace worlds. On the one hand there is the potentially high-volume production of
relatively small vehicles, and on the other there is all the avionics technology involved. Then
there's a key element that's also very relevant to the future of the auto industry:
batteries."Why are we seeing all these movements in the eVTOL market just now? Mainly
because of advances in battery technology," says Simi. "The current electrically powered
designs can deliver on all three main advantages of the eVTOL concept: safety, noise and
cost."
In short, the advent of the flying car seems almost inevitable. The big question is whether the
big players in this revolution will be the same firms that dominate the car market today.
Reading Questions
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2. How does car company, Aston Martin try to be competitive in the flying car market?
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3. According to the article, how does the flying car’s impact on the early years when it is
made available as a transportation?
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4. Why do firms such as Porsche, Daimler and Toyota wants to be involved in the flying
car industry?
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