DETROIT: General Motors Co is exploring options in the aerial taxi market, including whether to build the vehicles known colloquially as"flying cars," as part of a push by the U.S. automaker to look for growth in related transportation markets, two people familiar with the matter said.
Electric air taxis are likely to fly low-level routes, relieving traffic congestion on roads. But they could add to air traffic congestion as they become more popular. GM's study of the aerial mobility market is part of the push by GM's innovation group to explore other transportation markets for growth, one of the sources said. The group is headed by Alan Wexler, who reports to Barra and was hired in July in the newly created position of senior vice president of innovation and growth.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »