Cities like Dubai will soon be free of traffic jams as a US company launches an air and land vehicle that will bridge the road and skies.
An autonomous vehicle developed by LuftCar, based in Florida, can be attached and detached from the flying module, has six propellers, and takes off and lands vertically like a helicopter (eVTOL).
With a maximum altitude of 4000 feet, the electric vertical takeoff and landing (eVTOL) has a maximum range of 300 miles. The car travels 150 miles of road with a top speed of 220 miles per hour.
The company is currently participating in the Dubai Airshow 2021, which started on November 14 at the Al Maktoum International Airport.
Upon its commercialization in 2023-24, the hydrogen-powered vehicle will cost $350,000 for corporations and high-net-worth individuals.
“People will actually buy a small car and plane combined; hence they don‘t need to live in a congested city and travel from far-flung places to cities with ease. Businesses can also use this as a shared vehicle to go from city to city and without a need to rent a vehicle. The vehicle will be fully autonomous and [will] have a capacity for five passengers. But there will also be autonomous override options in case of an emergency landing,” said Santh Sathya, founder and CEO of LuftCar.
Santh Santhya, the CEO, said the company plans to launch its commercial operation around 2024, but with enough funding, they may accelerate this to 2023.
“We are currently seeking $10 million for a scaled prototype, and after that, we will seek $260 million to fully commercialize the vehicle.” According to Satya, the vehicle has great potential for this region since it eases intercity transportation.
It looks forward to collaborating with companies like Mubadala, Saudi Aerospace, Saudi Arabian Military Industries, private logistics firms, regional governments, and health ministries.