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Porsche is studying flying passenger vehicles but expects it could take up to a decade to finalise technology before they can launch in real traffic, its head of development said on March 6.
Although there aren't as many manufacturers currently working on flying cars as there are working on driverless cars, the number looking into getting us off the ground is growing as now even Porsche has entered the fray.
SHANGHAI: Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany's Daimler AG, said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.
An autonomous driving electric vehicle may not take to the sky any time soon but could one day start to look a bit like The Jetsons’ flying car – a glass bubble without the long hood that is a signature feature of today's gasoline-fuelled cars.
Timing is everything in investing, and China’s largest homegrown carmaker has decided that this is the moment to take Volvo Car AB public, at a potentially eye-popping valuation. Buyers should be wary.
Uber Technologies Inc chief product officer Jeff Holden is leaving the ride-hailing company, an Uber spokesman told Reuters on Thursday, the latest of more than a dozen senior executives to depart since last year.
With just days to go until the third edition of Viva Technology, event organisers have unveiled the official programme for this global event for innovation, startups and digital transformation.
Uber Technologies Inc will open its first research and development centre outside of the US, a lab in Paris focused on flying cars.
A flying car project backed by Google co-founder Larry Page was closer to take-off on June 6, with a model for test flights by aspiring buyers.
The international marketplace can be an unforgiving arena, if the hard economic realities of global markets are replaced by sentimentality or nostalgia.