GM explores market for electric 'flying cars': Report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Exclusive: GM explores market for electric 'flying cars' - sources

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: GM exploring 'flying car' market using its Ultium electric battery - sourcesGeneral Motors Co is exploring options in the aerial taxi market, including whether to build the vehicles known colloquially as 'flying cars,' as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »