Travel
Flying Taxis of the Future Look Like Toys Come to Life
Two companies debuted their visions in Singapore this week.
Flying taxis, once the purview of science-fiction films such as The Fifth Element, might soon be a staple of urban transport, as better batteries and innovative designs make it cheaper, cleaner, and quieter to travel short distances by air. Citigroup thinks sales of air taxis could reach $5 billion a year by the end of the next decade.
Two companies came to Singapore this week to share their vision during the Intelligent Transport Systems World Congress. U.K.-based Skyports Ltd. built a model flying taxi station, while Germany’s Volocopter GmbH gave a demonstration flight of its electric vehicle.