Volkswagen is looking at an industrialized approach to flying vehicles in China by investigating potential concepts and partners in a feasibility study.
Europe's largest automaker noted that "vertical mobility" could be the next step after self-driving technology.
China, Volkswagen's single biggest customer, is the world's largest auto market.
Volkswagen is currently making a big push into electric cars and more than tripled its delivery of battery electric vehicles last year than it did in 2019. Its plug-in hybrid deliveries increased 175 percent to 190,500 units.
Industrializing flying vehicles presents more challenges than electric mobility, including safety and reliability, as it needs to operate in crowded airspace, near small drones and traditional airplanes.
There's also the need for a regulatory framework, which could take years.
Volkswagen China head Stephan Wöllenstein told Volkswagen chairman Herbert Diess that the company also plans to develop a drone that could be licensed, which would help it to participate in the future market for individual mobility "that's taking place up in the air.
Uber and Hyundai also unveiled plans for an electric flying taxi while Porsche, Daimler, and Toyota have backed startups in the electric vertical takeoff and landing (eVTOL) industry.
Japanese company Sky Drive Inc. conducted its country's first flying vehicle public demonstration in September.
Germany's Lilium, which is also developing an eVTOL aircraft, in November, announced its first US hub near Orlando, Florida.


TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Anta Sports Expands Global Footprint With Strategic Puma Stake
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
Washington Post Publisher Will Lewis Steps Down After Layoffs
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 



