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General Motors Unveils Flying Taxi

Ahmed Yasser by Ahmed Yasser
2:43 PM January 13, 2021
General Motors Unveils Flying Taxi
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General Motors revealed on Tuesday its concept for an autonomous air taxi at the 2021 Consumer Electronics Show. Meanwhile, GM CEO Mary Barra and other executives discussed the plans as part of the CES technology conference, which is being streamed online this year.

Moreover, the EV600 electric van is scheduled to go on sale later this year through a new commercial business unit of GM’s called BrightDrop. The division is planning a full portfolio of electric products, not just vehicles, including a delivery pallet.

General Motors

According to Michael Simcoe the vice president of GM global design, each concept reflected the needs and wants of the passengers at a particular moment in time and GM’s vision of the future of transportation.

“This is a special moment for General Motors as we reimagine the future of personal transportation for the next five years and beyond,” Simcoe said. Later, the Detroit automaker’s stock was up by as much as 8.8% to $48.95 a share as of Tuesday morning, leading to a roughly $70 billion market cap.

Noteworthy, the segment is attracting major investments from the automotive and aviation industries. Fiat Chrysler earlier Tuesday announced a new partnership with air mobility company Archer to help lower costs and accelerate the launch of an eVTOL aircraft.

Tags: cars2020Diamond MotorsElectric Cars RallyFlying TaxiGeneral Motors

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