# Japan’s Suzuki to make ‘flying cars’ with SkyDrive
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-06-20
Category: Uncategorized
Category URL: https://financedigest.com/category/uncategorized
Meta Title: Japan's Suzuki & SkyDrive: Making 'Flying
Meta Description: Suzuki Motor Corp has partnered with SkyDrive Inc to manufacture electric vertical take-off and landing aircraft in a joint venture at a Suzuki Group factory in
URL: https://financedigest.com/japans-suzuki-to-make-flying-cars-with-skydrivehtml

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# Japan’s Suzuki to make ‘flying cars’ with SkyDrive

TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make “flying cars”.

The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year, Suzuki said in a statement.

SkyDrive will establish a wholly owned subsidiary to make the aircraft and Suzuki will help with preparations for the manufacturing, including securing talent, the automaker said.

Headquartered in the city of Toyota in central Japan, SkyDrive has trading house Itochu Corp, [tech firm NEC Corp and a unit of energy company](https://www.financedigest.com/apple-makes-history-as-first-3-trillion-company-amid-tech-stock-surge.html "Apple makes history as first  trillion company amid tech stock surge") Eneos Holdings Inc among its main shareholders.

The two companies signed a deal in March last year to team up in research, development and marketing of flying cars.

(Reporting by Satoshi Sugiyama; editing by Robert Birsel)


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