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.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Australia’s December Trade Surplus Expands but Falls Short of Expectations
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 



