Uber looks to soar with flying taxis by 2020

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Uber is looking towards the future of transportation with plans to send taxis into the sky by as early as 2020.

Uber Technologies intends to set up networks of flying cars in Dallas, Texas and Dubai, United Arab Emirates, Holden announced during the Elevate Summit in Dallas on Tuesday. The firm says that the cost will reduce over time so much so that'll it'll one day be cheaper to use Uber's flying taxi service than to run a vehicle. Anyone else finding this all a bit suspish? And it also revealed the company the starting Uber flying cars upgrade summit in Dallas.

Well, if anyone can do it, it's probably Travis Kalanick. Many hurdles remain to making flying cars safe, affordable and reliable.

The firm estimates that the two-hour drive between San Francisco's Marina neighbourhood to downtown San Jose would take just 15 minutes in a VTOL aircraft.

Concept image of an Airbus A3 Vahana one of the emerging flying vehicles highlighted by Uber in a new White Paper
Uber looks to soar with flying taxis by 2020

In effect Uber will be using the much more exciting, Jetsons sense of the term: a future that lifts you over the brutality of traffic jams and congested roads. In addition to ridesharing in some 80 countries, Uber is also testing self-driving cars in three U.S. metro areas. It also said it's working with Hillwood Properties in Dallas-Fort Worth and several other real estate firms in Dubai to choose sites and construct ports for vehicle takeoffs and landings. Uber is developing the vehicles with five partners, including aviation companies like Bell Helicopter and Embraer.

Uber will build take-off and landing pads called "vertiports" and charging stations for the electrically powered flying taxis.

When Uber first introduced the concept of ride-hailing, the company single-handedly led a revolution in the transportation industry-one that is still ongoing.

Uber has a value of $70 billion, at the present, which signifies that it has enough capital to spend on futuristic ventures such as the Uber Elevate Network. Previously, Uber has mentioned that it's VTOL flying vehicles may be possible to travel at more than 100MPH, operate directly due to electric motors and move more than 200 passengers-miles on which works out to the equivalent of the single gallon of fuel.

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He has also described Germany's migrant policy as a "catastrophic mistake" and threatened to put import tariffs on German cars. Phil Hogan, the agriculture commissioner, suggested Britain is facing a "bloodbath" over a proposed trade deal with the US.