Uber to sell sky taxi business

Uber to sell sky taxi business

Uber has agreed to sell the Uber Elevate Sky Taxi business, which will become a transportation company in the future. According to Axios, Uber Elevate will be sold to Joby Aviation, a secret startup. The news comes as Uber CEO Dara Koss Rosshehehe seeks to capitalize on the company, including the sale of a lucrative business.

Uber first announced plans in 2016 to launch an electric sky taxi network. The company estimates that the San Jose flight from San Francisco, which takes about 2 hours and 12 minutes, can be reached within 15 minutes by sky train.

Last year, Uber launched a helicopter flight from Manhattan to John F. Kennedy International Airport. This is not the kind of Uber goal that Sky car rental offers. These trips are just the beginning of the flight experience with the Uber app.

Little is known about Joby Aviation’s acquisition of Uber Elevate. That’s why the company is branded as a secret startup. The main purpose is to produce small VTOL vehicles that can go up and down. An Uber spokesman could not be reached for comment on the Uber Elevate deal, but it will be confirmed in the next few weeks.