Perhaps Toyota can give the flying car one last fighting chance to step out of the pages of science fiction and into reality.
Japan’s largest automobile company has invested nearly $400,000 in Cartivator Resource Management to develop a flying car for a very special purpose.
Their work with Cartivator is markedly more low-key than previous flying car concepts from Toyota.
In Brief Toyota has partnered with Cartivator Resource Management to help develop a flying car that will play a special part in the upcoming Olympic games.
The team working on the flying car will use Toyota’s investment to improve the design of the vehicle.
Toyota Is Aiming to Debut a Flying Car by 2020
Now a startup backed by Toyota is working on a “flying car” that they hope will be ready for the 2020 Olympic games in Tokyo.
When completed, the flying car would carry a driver to light the Olympic torch, the Associated Press reported.
Toyota ( tm ) has invested about $386,000 in the startup called Cartivator Resource Management to work on the project, named Sky Drive.
In a video recorded by the AP, the contraption of aluminum and propellers just barely hovers off the ground .
In fact, the vehicle hovers for seconds in the captured footage, before veering back into the ground.
Toyota (TM) Backed Carvitor Working on Flying Car Prototype
It plans to make the flying car the smallest electric vehicle, which can also be used in urban areas.
Zacks Rank and Stocks to ConsiderCurrently, Toyota carries a Zacks Rank #3 (Hold).
Cartivator is a group of engineers who began the development of a flying car, “SkyDrive” in 2014.
Meanwhile, Airbus Group is also working on its flying car under its Urban Air Mobility division.
Toyota Motor Corp Ltd TM supported engineer group, Cartivator aims to build and commercialize flying cars by 2025.
collected by :Edison Noah
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