Wildly expensive and with unproven demand, venture capitalists, automakers and aerospace firms are racing for a piece of what soon may be a $1 trillion market.

U.S. automaker Alef Aeronautics proved that the sky’s not the limit for vehicles after releasing the first-ever footage of a flying car like something out of a science-fiction movie. The ...

A flying car? Sounds like something out of a movie right? But this one is actually real. An aeronautical company in the US has released footage showing a pre-production version of a flying car.

Following is a transcript of the video. Narrator: For over a century, people have imagined a future with flying cars. We've seen them in movies, concepts from automakers, and fully functioning ...

Flying cars are still a fantasy; don't expect them anytime soon. Current flying car models like the Alef Model A have major limitations. Flying cars won't necessarily solve traffic—investing in public ...

VTOL designs aren't meant for the road, but we still often call the vehicles "flying cars," evoking images of the classic DMC-12 rising from the road into the air in the movies. The younger ...