Sci-fi fans that dream of ordering up a flying-car taxi service will be excited to learn that several major automakers, including General Motors, are actively working towards making that dream a reality. However, according to one GM executive, its unlikely anything will be launched prior to the 2030 calendar year.
Per a post from Reuters, the vice president of General Motor’s Global Innovation team, Pamela Fletcher, indicated that flying cars are still about a decade off.
“I think that there’s a long pathway here,” Fletcher said at a recent Reuters event. “2030 is probably a real commercial inflection point.”
“It’s a very nascent space,” Fletcher added. “There’s a lot of work to be done on the regulatory side, as well as the actual technology side.”
For now, existing flying car concepts feature things like zero emissions via battery-powered operation, as well as a vertical take-off and landing similar to a helicopter. The new flying cars could be used to transport either passengers, or cargo.
Back in January, General Motors unveiled the Cadillac Vertical Take-Off and Landing Vehicle (VTOL) concept at the Consumer Electronics Show (CES). Described as an “all-electric, single-seat, well-appointed aircraft,” the VTOL concept is said to be capable of achieving speeds up to 55 mph, providing quick transportation for business types eager to get from Point A to Point B quickly, bypassing ground-level traffic.
Hyundai is working on a similar concept powered by batteries and capable of transporting five to six people. Unlike General Motors, the South Korean automaker expects urban air taxis could be operational as early as 2025, or perhaps even earlier.
Toyota, Daimler, and Geely are working on flying car services as well.
According to the Reuters report, Morgan Stanley estimates that the total addressable market for urban air mobility could each $1 trillion by 2040 and $9 trillion by 2050.