Uber Plans To Unveil Flying Cars By 2020

Ride sharing company Uber is already thinking of its future as it announced recently its plans to deliver flying cars by the year 2020. The tech company said it has struck partnerships with the cities of Dallas and Dubai to demonstrate a network of flying cars by 2020 and with aviation companies to develop and deliver a flying car.

Uber believes that investing in flying cars is essential to protecting its business, and envisions full-scale operations of a flying car network launching in 2023.

"If you're not planting the seeds for 5-10 years out, you have no company in five to 10 years," Uber chief product officer Jeff Holden said Tuesday.

Already Uber is investing heavily in self-driving cars, aware that its existing business could be disrupted by autonomous vehicles. Now it's striving to protect itself from being disrupted by aviation as well.

Uber expects flight to be become a daily part of our transportation lives. The company believes it can offer rides in flying cars for about the same price as an UberX ride. The technology could be transformative in areas plagued by traffic.