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Toyota invests in flying car project

Toyota is set to finance a flying car project that could take flight by 2018, The Nikkei Asian Review reports.

The Japanese car firm will give engineers £274,000 to develop jet-propelled vehicles that will travel up to 10 metres from the ground.

Drone technology is being used to power the three-wheeled prototypes, which measure just nine-and-a-half feet by four feet, and have a projected top speed of 62mph.

The so-called “Skydrive” cars have been masterminded by crowdfunded group Cartivator, based in Japan.

A group of Toyota engineers had been working for them voluntarily, according to the Nikkei Asian Review. They hope early models could be used to light the Olympic flame at the 2020 summer games in Tokyo, with a manned test flight planned for the end of 2018.

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