“Revolutionizing the Skies: Suzuki and SkyDrive Join Forces to Build Flying Cars”

Under the terms of the agreement, SkyDrive will establish a wholly-owned subsidiary dedicated to the manufacturing of these innovative aircraft. To facilitate this groundbreaking venture, Suzuki will extend its assistance in various aspects of the manufacturing process, including the vital task of talent acquisition.

Image@ credit- Cartoq

The Japanese automaker Suzuki Motor Corp in a surprising strategic move on Tuesday announced that it has signed an agreement with SkyDrive Inc to start developing “flying cars.” This ambitious partnership will utilize a Suzuki Group factory located in central Japan, serving as the production hub for their upcoming electric vertical take-off and landing (eVTOL) aircraft. The projected timeline sets the stage for production to start around the onset of spring next year, as said in Suzuki’s official press release.

Under the terms of the agreement, SkyDrive will establish a wholly-owned subsidiary dedicated to the manufacturing of these innovative aircraft. To facilitate this groundbreaking venture, Suzuki will extend its assistance in various aspects of the manufacturing process, including the vital task of talent acquisition. Noteworthy shareholders of SkyDrive, headquartered in Toyota City in central Japan, include trading house Itochu Corp, tech giant NEC Corp, and an affiliate of energy company Eneos Holdings Inc. It is worth highlighting that the two companies previously joined forces in March last year to embark on collaborative research, development, and marketing endeavors in the domain of flying cars.

The concept of flying cars has emerged as a prominent focal point in discussions surrounding future mobility solutions. Several companies have commenced extensive research and development efforts to transform this lofty vision into a tangible reality. In fact, speculations are rife that the skies may soon witness a takeover by flying cars, potentially transpiring within the closing years of this decade.

Earlier this year, in a joint statement, both Suzuki and SkyDrive disclosed their intention to explore untapped markets, with India emerging as their initial target. With this latest groundbreaking agreement, the Japanese automaker will expand its business portfolio to encompass a fourth domain of mobility, supplementing its existing ventures in automobiles, motorcycles, and outboard motors.

Note-: It is noteworthy that Suzuki Motor Corporation, headquartered in Minami-ku, Hamamatsu, Japan, is a distinguished multinational corporation. Apart from manufacturing automobiles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, and wheelchairs, Suzuki is renowned for its production of a diverse range of small internal combustion engines. With over 45,000 employees, Suzuki boasts an extensive global footprint, encompassing 35 production facilities spanning 23 countries. Moreover, the company’s products are distributed through 133 channels across 192 countries. The impressive sales volume of Suzuki’s automobiles positions it as the world’s tenth-largest producer, while its domestic sales volume ranks third in the country. Furthermore, Suzuki’s motorcycles enjoy the distinction of holding the third-largest market share in Japan.