Aston Martin, Rolls Royce Developing Their Own Flying Cars

Jul 19, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Could this be James Bond’s next super-vehicle? Both Aston Martin and Rolls-Royce unveiled their own flying car concepts at the Farnborough Airshow this week.

Aston Martin, the British carmaker known for its luxury vehicles, is developing Vertical Take-off and landing (VTOL) vehicles in partnership with Cranfield University and oddly enough, Rolls-Royce. These are just the latest companies to start their own ventures into the untamed space of personal aircraft — both Uber and Airbus are working on their own, “flying car” VTOL aircraft.

Named the Volante Vision Concept, Aston Martin’s aircraft is designed to hold three people and is powered by a hybrid electric engine. It’s designed to hit speeds of 200mph and will incorporate technology to allow it to operate autonomously

This won’t be your commuter vehicle for the masses that other companies are pitching, but a “sports car for the skies” says Aston Martin’s Director of Global Government James Stephens. It’s not cheap either, with the company estimating the price to fall between £3-5 million ($3.9-6.5 million).

“Air travel will be a crucial part in the future of transportation [and] the Volante Vision Concept is the ultimate luxury mobility solution,” Aston Martin President and CEO Andy Palmer said in a news release.

The team hopes to have the vehicle ready for Farnbourough 2020.

Rolls-Royce, the airline engine manufacturer, not to be confused with the car company owned by BMW, is developing its own concept vehicle. The aircraft includes enough space for five people and could cruise at a dashing 250mph for approximately 500 miles.

A man poses alongside screens presenting the Rolls-Royce EVTOL air taxi concept during the Farnborough Airshow, south west of London, on July 16, 2018. - British engine maker Rolls-Royce revealed plans this week to develop a hybrid electric vehicle, dubbed the "flying taxi", which takes off and lands vertically and could be airborne within five years. (Photo by Tolga AKMEN / AFP) (Photo credit should read TOLGA AKMEN/AFP/Getty Images)
A man poses alongside screens presenting the Rolls-Royce EVTOL air taxi concept during the Farnborough Airshow, south west of London, on July 16, 2018. (Photo by Tolga AKMEN / AFP / Getty Images)

Like others, Rolls Royce will be an EVTOL vehicle that’s “specially designed to have a low noise profile.” The company says it will have a prototype in the next 18 months that could take to the skies by the early 2020s.

“Electrification is an exciting and inescapable trend across industrial technology markets and while the move to more electric propulsion will be gradual for us, it will ultimately be a revolution,” Rob Watson, head of Rolls-Royce’s Electrical team, said.

Featured image by Tolga Akmen / AFP / Getty Images.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,650

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.