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Boeing and Porsche team up to develop flying electric car

by Ace Damon

Boeing and Porsche, meet George Jetson.

The US aircraft giant and German sports car maker announced on Thursday they are teaming up to "explore the premium urban mobility market and the extent of urban airspace traffic" through "a landing vehicle and fully electric vertical takeoff ".

Translation: They want to develop an electric vehicle that can fly.

The announcement did not include details about the amount of money or other features that the two companies plan to invest in the effort, nor did they include a date or price range.

Porsche's parent company, Volkswagen AG, is the world's largest automaker. Announced a big boost in thedevelopment of electric vehicles, setting a goal of building 22 million electric cars in their brands over the next 10 years.

"We are combining the strengths of two of the world's leading companies to address a possible major market segment of the future," says Detlev von Platen, Porsche board member in charge of sales and marketing. "In the long run, that could mean moving to the third dimension of the trip."

Boeing's revenue exceeded $ 100 billion for the first time in 2018, although its sales are sharply lower this year due to the grounding of its best-selling 737 Max commercial jet, following two fatal accidents that killed 346 people. Already has showed a prototype of an autonomous electric powered flying car earlier this year.

"Porsche and Boeing together combine engineering, style and precision innovation to accelerate urban air mobility worldwide," said Steve Nordlund, general manager of Boeing NeXt, a company unit that works with next-generation vehicles and aircraft. .


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