Meet Lilium Jet, the world's first truly real flying electric taxi

Meet Lilium Jet, the world's first truly real flying electric taxi

AeroMobil said on Thursday its teardrop-shaped AeroMobil Flying Car, displayed at the Top Marques Monaco, could switch to flight mode in less than three minutes. The Germany-based startup founded in 2015 by four aerospace engineers and product designers is developing the Lilium Jet, an electric vertical take-off and landing (VTOL) aircraft.

AeroMobil said deliveries to customers of the flying auto, which Vadocz said would comply with air and road regulations, was expected to start by 2020.

Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the planned five-seater jet, which will be capable of vertical takeoff and landing, could be used for urban air taxi and ride-sharing services.

The two-seater prototype aircraft uses about the same amount of power as an electric auto during flight, and its creators are hoping to spark a revolution in global transit.

Potential competitors to Lilium Jet include much bigger players such as Airbus, the maker of commercial airliners and helicopters, which aims to test a prototype self-piloted, single-seat "flying car" later in 2017.

In a statement the company said: "We have solved some of the toughest engineering challenges in aviation to get to this point." .

Lilium has just shown off its prototype of the Jet taking flight with a vertical take-off and landing - making it ideal for flying in and out of tight spots and flawless as the flying taxi of the future.

"The combination of energy efficient flight and minimal ground infrastructure will enable passenger flights with comparable pricing to normal vehicle taxis over the same distance", Lilium said in a press release.

You wouldn't expect it from the video, but Lilium claims its tiny two-seater is capable of reaching 300 kph (186 mph) for a range of up to 186 miles.

Terrafugia, based outside the US city of Boston and founded a decade ago by Massachusetts Institute of Technology graduates, aims to build a mass-market flying vehicle, while U.S.

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