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June 20, 2023 08:50 AM

Suzuki to make 'flying cars' with SkyDrive

The companies will use a Suzuki factory in central Japan to make the aircraft and aim to begin production by around spring next year.

Reuters
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    Suzuki/SkyDrive aircraft
    SkyDrive

    A SkyDrive eVTOL aircraft.

    TOKYO -- Suzuki has reached an agreement with Japanese aircraft maker SkyDrive to make "flying cars."

    The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year, SkyDrive said in a statement.

    SkyDrive will establish a wholly owned subsidiary to make the aircraft and Suzuki will help with preparations for the manufacturing, including securing talent, the automaker said.

    Headquartered in the city of Toyota in central Japan, SkyDrive has trading house Itochu, tech firm NEC and a unit of energy company Eneos Holdings among its main shareholders.

    The two companies signed a deal in March last year to team up in research, development and marketing of flying cars.

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