Japanese government looking to support flying car development
Significance: The latest initiative is part of the Japanese government's efforts to create smart cities in the long run and reimagining transportation. Although the practical application of flying cars is a distant possibility as major safety issues stand in the way, the topic has garnered some attention lately with companies such as Uber and Airbus announcing plans. In May 2017, Toyota and its group companies agreed to invest over JPY40 million (USD352,833) in a flying car project for the next three years. Cartivator, a volunteer organisation founded in 2012, announced in September last year two development bases in conjunction with efforts to have the vehicle ready by the 2020 Tokyo Olympics.
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