U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyund...
) have all unveiled investments in startups that aim to deploy electric flying cars capable of vertical takeoff and landing. But there are big technological and regulatory hurdles to the plans.
Euisun Chung, Executive Vice Chairman of Hyundai, expects commercialization of urban air mobility service in 2028, saying it takes time for laws and systems to be in place. Hyundai will unveil a concept electric aircraft developed with Uber at CES, with the self-flying electric car designed to carry up to four passengers with a pilot and fly on trips of up to 60 miles .
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