Suzuki Motor Corp, the Japanese automaker, announced that it has reached an agreement with SkyDrive Inc to collaborate on the production of "flying cars."
Under the partnership, they plan to utilize a Suzuki Group factory in central Japan to manufacture electric vertical take-off and landing (eVTOL) aircraft, with production slated to commence in spring next year. To facilitate the manufacturing process, SkyDrive will establish a wholly owned subsidiary for aircraft production, while Suzuki will assist in various aspects such as talent acquisition.
SkyDrive, headquartered in Toyota, Japan, counts Itochu Corp, NEC Corp, and an Eneos Holdings Inc subsidiary among its major shareholders. This collaboration builds upon the research, development, and marketing agreement signed by the two companies in March of the previous year.
Under the partnership, they plan to utilize a Suzuki Group factory in central Japan to manufacture electric vertical take-off and landing (eVTOL) aircraft, with production slated to commence in spring next year. To facilitate the manufacturing process, SkyDrive will establish a wholly owned subsidiary for aircraft production, while Suzuki will assist in various aspects such as talent acquisition.
SkyDrive, headquartered in Toyota, Japan, counts Itochu Corp, NEC Corp, and an Eneos Holdings Inc subsidiary among its major shareholders. This collaboration builds upon the research, development, and marketing agreement signed by the two companies in March of the previous year.