Skift Take
We're not saying flying cars won't exist; they already do. But at this point, it's ludicrous to expect the market to grow beyond a niche offering for the wealthy anytime in the next few decades. Don't buy the hype.
Based on frothing media reports, one could legitimately expect travelers to be zooming around the skies like George Jetson in flying cars within in the next five years instead of being stuck in the back of an Uber or Lyft during rush-hour.
The reality, however, is much more complex. Not only is the degree of difficulty in designing a safe and efficient flying car exponentially more extreme than building an aircraft, but regulations on noise, fuel efficiency, and safety all point to serious challenges for companies attempting to bring these vehicles to market in a widespread rollout.
The positives are immediately appealing; faster trips, reduced accidents, and less traffic congestion as fewer travelers and commuters use ground transportation options. These vehicles would also be powered by electric batteries instead of fossil fuel, causing less pollution and leading to more sustainable outcomes than traditional commercial aviation or most automobiles.
Uber announced late last year that it plans to test a fleet of flying cars at the Expo 2020 World Fair event in Dubai, fueling the perception that this field of technology is perhaps more advanced than it appears. Innovative cities around the world, as well, have signaled that they are open to providing these types of solutions to residents.
Dubai has announced it is ready to operate a fleet of single-passenger flying cars developed by Ehang, a Chinese company which is known for producing consumer drone devices. These autonomous aerial vehicles are expected to be introduced in July, according to Dubai's Road and Transport Authority.
German company e-Volo has also partnered to bring its vehicles to Dubai later in 2017.
"The opportunity is really huge, and Dubai’s aim is to be a pioneer in this field," said Alex Zosel, co-founder and chief innovation advisor of e-Volo. "They are driven by making these laws and working hard on the regulatory parts for these kinds of aircraft. We believe that a lot of other cities are following Dubai's lead."
At the Paris Air Show in June 2017, a variety of companies showed off prototypes of flying cars intended to fly with and without pilots.
There is also the challenge of how this technology intersects with the field of urban and transportation planning. While companies investing in flying cars would like to portray the field as utopian and a step forward in connectivity, the reality is that other simpler forms of transportation may be bette