Hyundai is planning a full lineup of aerial vehicles
The company envisages it will take to city skies within a decade
Unfazed by regulatory and safety hurdles, a slew of planemakers, automakers and startups are seeking to disrupt the transport industry with flying cars and parcel-hauling drones. Morgan Stanley analysts, in their most bullish estimates, predict such technology could lead to a $2.9 trillion industry by 2040 — and even their most pessimistic view pegs the value at $615 billion.
Hyundai showcased its flying-car concept, developed with Uber Technologies at the Consumer Electronics Show in Las Vegas early this year. The company sees pilots from service providers such as Uber initially flying the vehicles, before they become autonomous around 2035.