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Uber has offloaded its Elevate unit, but flying taxis are still taking off

Uber has offloaded its Elevate unit, but flying taxis are still taking off Paul A. Eisenstein © Provided by NBC News Hammered by a huge falloff in ridership during the pandemic, Uber has sharply scaled back some of its most ambitious high-tech programs, pulling back on its dream of becoming a leader in the emerging air mobility business. But interest in flying cars and taxicabs has only grown as the country s highways have become more crowded. Research Volvo Uber, which sold off its autonomous vehicle unit last week, announced that it has also offloaded Uber Elevate, the air taxi operation it announced to much fanfare 2½ years ago. While it typically takes more than two hours to drive the 74 miles from San Francisco to San Jose, Uber estimated that its Elevate flying taxi could get you there in just 15 minutes.

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