Toyota Agrees To Fund “Flying Car Project” In Japan: Plans To Ignite 2020 Olympic Flame Using The Car
May 15th, 2017: The Japanese car giant, Toyota announced this weekend that it would be backing up a group of engineers that plans on building flying cars. The carmaker, Toyota has agreed to give 40 million yen to the Cartivator Group that operates outside the Toyota city of central Japan.
40 million yen roughly translates to £274000. According to reports, Toyota and its adjoining companies have all agreed to fund and support the project in any way possible.
The project is led by a group of highly talented individuals that call themselves Cartivator. Cartivator has relied on crowd funding and other resources to fund its vision of the future. The company plans on making a prototype that conducts the first ever manned test flight of their venture by the end of 2018.
Cartivator plans on working on various aspects of the flying car, till 2018 arrives. The group plans on developing a technology that can control the propellers and stabilize the vehicle in the air, simultaneously.
So far, Cartivator has been able to develop its first flying car called the SkyDrive. SkyDrive uses drone technology to engage flight and has three wheels for land travel. The car measures 2.9 meters by 1.3 meters in its physical dimensions and claims to be the World's Smallest car that can achieve flight.
SkyDrive can achieve a top speed of 62mph mid-flight while traveling at an altitude of 10 meters from the ground. The Cartivator group has dreams of igniting the Olympic flame during the Olympic summer games of 2020.
Other flying cars around the world include Retro Tech Flying cars, Jet propelled sky taxi from Germany and Uber's new initiative to test flying cars by the end of 2020.