U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday, joining the race for flying cars to ease urban congestion. Hyundai unveiled a concept electric aircraft developed with Uber at the Consumer Electronics Show in Las Vegas on Monday, which is designed to fly on trips of up to 60 miles (100 km) and has a cruising speed of up to 180 miles per hour (290 km per hour). Hyundai is the first carmaker to team up with Uber on the project. …read more
Source:: Yahoo Finance
