Uber, Hyundai Motor team up to develop electric air taxi

Uber, Hyundai Motor team up to develop electric air taxi

The Uber Technologies Inc. application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Arlington, Virginia, U.S. on Monday, April 29, 2019. Photographer: Andrew Harrer/Bloomberg

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday, joining the race for flying cars to ease urban congestion.

Hyundai unveiled a concept electric aircraft developed with Uber at the Consumer Electronics Show in Las Vegas on Monday, which is designed to fly on trips of up to 60 miles (100 km) and has a cruising speed of up to 180 miles per hour (290 km per hour).

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