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The “Uber Elevate” project, which was focused on developing flying cars, was originally initiated by Uber Technologies. Uber Elevate aimed to create a network of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility, envisioning a future where people could use flying cars for short, on-demand trips within cities.
In December 2020, Joby Aviation, a California-based aerospace company, acquired Uber Elevate. Joby Aviation is now leading the development of these eVTOL aircraft, continuing the work started under the Uber Elevate brand. Uber invested in Joby Aviation as part of the acquisition deal, and the two companies agreed to integrate their services once the flying car technology becomes commercially viable