Sports car maker Porsche and aerospace giant Boeing are teaming on urban air mobility (UAM). The companies signed a memorandum of understanding to jointly explore the premium UAM market including “the extension of urban traffic into airspace,” they announced on Thursday. The companies also said they are already developing a fully electric eVTOL concept vehicle and will create a joint team “to address various aspects of urban air mobility, including analysis of the market potential for premium vehicles and possible use cases.” A 2018 Porsche Consulting study predicts that the UAM market will gain momentum after 2025.
"This collaboration builds on our efforts to develop a safe and efficient new mobility ecosystem and provides an opportunity to investigate the development of a premium urban air mobility vehicle with a leading automotive brand," said Steve Nordlund, v-p and general manager of Boeing NeXt, the company’s organization that is currently dedicated to the UAM market. "Porsche and Boeing together bring precision engineering, style, and innovation to accelerate urban air mobility worldwide."
"Porsche is looking to enhance its scope as a sports car manufacturer by becoming a leading brand for premium mobility. In the longer term, this could mean moving into the third dimension of travel," said Detlev von Platen, member of the executive board for sales and marketing at Porsche AG.