New York (The Verge) — Porsche teams up with Boeing to build flying cars for rich people theverge.com/2019/10/11/209….
Porsche and Boeing are teaming up to build luxury, electric-powered vertical takeoff and landing aircraft (VTOL) for rich people to fly above traffic-choked cities. They are the latest companies to announce intentions to explore the risky and potentially dangerous urban air mobility market.
Porsche and Boeing have signed a nonexclusive memorandum of understanding, which means they will look for ways to work together, but they aren’t locked into a binding agreement. As part of the partnership, the companies say they will “create an international team to address various aspects of urban air mobility, including analysis of the market potential for premium vehicles and possible use cases.” — Andrew J. Hawkins/@verge