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US-headquartered Boeing has ambitious plans to foray into the flying cars business in Asian markets by the end of the decade, as per the company’s chief technology officer, Todd Citron.
Boeing hopes its subsidiary Wisk Aero’s tech will help address traffic woes in Asian cities.
Two years ago, Boeing invested in Wisk’s technology after it placed a $540 million bet on the Mountain View, California-based startup.
A year later, the large aircraft maker fully absorbed the company and began overseeing its development of vertical take-off and landing (VTOL) technology.
Wisk is currently working with its sixth-generation aircraft, which promises to transport up to four passengers and additional luggage on each trip. The flying taxi uses fully electric propulsion, making it an environmentally friendly …