The flying taxi market is ready for takeoff, changing the travel experience forever

Tim Hornyak

  • The market for flying cars, now known as electric air taxis, should continue to mature during this decade, soaring to $1.5 trillion globally by 2040, according to a Morgan Stanley Research study.
  • Driving this trend is a confluence of technologies, including autonomous vehicles such as drones and self-driving cars, more efficient batteries and advanced manufacturing techniques.
  • Start-ups and major brands are developing them, including Boeing, Hyundai, Airbus, Toyota and Uber. 

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