The fantasy of flying cars is chased by the carmaker across the world. The carmakers are trying to make this reality with each passing year. Several companies have been working on this technology and have also built innovative prototypes to take test flights.

As a progressive mode with time, flying cars will soon become operational in cities around the world. Hyundai European operations CEO Michael Cole is quite confident about the Idea of flying cars. He believes that flying cars concept will become a reality by the end of this decade, as he stated in a conference of industry group Society of Motor Manufacturers and Traders. Hyundai has made significant investments in urban air mobility. The South Korean carmaker is developing flying taxis that are powered by electric batteries. Not only this, but they are trying to get a space do that it can transport five to six people from highly congested urban centres to airports. Cole believes that flying cars will help reduce congestion in cities and even help reduce carbon emissions.

Believing that concept can be turned into a reality, the automaker has already pledged to invest about $1.5 billion as future worth in urban air mobility by 2025. It even has a dedicated Urban Air Mobility Division led by Jaiwon Shin, a former NASA engineer. Hyundai is also working to develop the UK’s first airport without a runway, which is especially designed for aircraft that are capable of electric vertical take-off and landing.

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