Rotorcraft
Porsche and Boeing Team On Urban Air Mobility
Porsche and Boeing are developing a concept eVTOL and will jointly explore the "premium" UAM space.
Porsche and Boeing signed a memorandum of understanding to jointly explore the premium UAM market including “the extension of urban traffic into airspace.” (Photo: Boeing and Porsche)
Porsche and Boeing signed a memorandum of understanding to jointly explore the premium UAM market including “the extension of urban traffic into airspace.” (Photo: Boeing and Porsche)

Sports car maker Porsche and aerospace giant Boeing are teaming on urban air mobility (UAM). The companies signed a memorandum of understanding to jointly explore the premium UAM market including “the extension of urban traffic into airspace,” they announced on Thursday. The companies also said they are already developing a fully electric eVTOL concept vehicle and will create a joint team “to address various aspects of urban air mobility, including analysis of the market potential for premium vehicles and possible use cases.” A 2018 Porsche Consulting study predicts that the UAM market will gain momentum after 2025.