Uber promises flying cars within 10 years

Just as skyscrapers allowed cities to use limited land more efficiently, urban air transportation will use three-dimensional airspace to alleviate transportation congestion on the ground.

Ride-sharing service Uber released a 97-page white paper today that describes a network of on-demand, fully electric aircraft that take off and land vertically. The Vertical Takeoff and Landing aircraft are referred to as VTOLs. Uber's proprietary network of VTOL service will be called Elevate.

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