CES 2019: Uber to launch a flying taxi by 2023

Uber and Bell debut their revolutionary ‘flying-car’ technology, unveiling the Bell Nexus at CES 2019

CES 2019 Source: Bloomberg

CES 2019 has showcased some of the most innovative technology to come out the auto industry, with one of the most spectacular concepts being unveiled for the first time – The Bell Nexus.

The Bell Nexus is essentially a giant, black, shiny five-person flying car that can be used to transport a small group of people.

Unlike anything we've seen before, the hybrid craft was unveiled to the CES crowd by Uber and Bell at the consumer electronics show in Las Vegas on Wednesday, leaving on-lookers in awe.

Uber-Air only a few years away

Uber propositions its solution to the traffic glut with its ‘flying taxi’ air service using crafts like the Bell Nexus to begin its Uber-Air vertical.

The Uber-Air service could be available in just a few years, with the company looking to launch as early as 2023.

The Bell Nexus, designed much like a giant drone, can seat five people, and fly for 150 miles on a single charge.

While there are still a few kinks to figure out before the craft is ready for take-off, CEO of Bell, Mitch Snyder said, Nexus could be one of the first crafts to give Uber its wings.

‘As space at the ground level becomes limited, we must solve transportation challenges in the vertical dimension — and that's where Bell's on-demand mobility vision takes hold,' Mr Snyder said in a statement.

Revolutionising the auto industry

An evident theme at CES this year is 'smart cities' set to change the way we do every-day things. It’s clear the auto industry is in the process of a big change, with the world’s major cities becoming increasingly congested.

While Uber and Bell showed flying cars could be a solution to ease congestion, other automotive companies had their own ideas. Kia showcased their vision for autonomous cars, displaying a new vehicle that drives itself, designed similar to a hotel room.

Other automakers also shined on the show floor, with new initiatives coming out of big car manufacturers like Nissan, Toyota and several start-ups doing their bit to advance the automotive industry.

Related articles

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Bid
Offer
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Bid
Offer
Updated
Change
Bid
Offer
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.