Flying cars may not be that far away. Uber says it is still committed to its plans for urban aircraft. The ride-hailing company will be holding an event in L.A. in May to demonstrate Uber's plans to have launch flying cars in 10 years. Scott Evans, Editor at Motor Trend, says the timeline is a bit too ambitious. Evans points to Honda, which recently built its first plane, and that took more than 10 years. Honda's plane, Evans says, is just like other private jets on the market. Uber wants to create an entirely new product that doesn't exist.

Share:
More In Technology
A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Load More