California’s New Future Transportation (NFT) is developing an autonomous vehicle it hopes to sell for $50,000 by 2025.
The electric Vertical Takeoff and Landing vehicle will enable people to live within 100-150 miles outside a major city and easily commute to work in less than an hour. Traffic congestion is a growing problem, with the average resident of the San Francisco area spending 79 hours stuck in traffic in 2017, up from only 56.1 hours in 2013.
With a research and development center in Israel, NFT’s senior engineers have worked together on numerous aviation projects for over 20 years and have engineering experience from Israel’s air force and defense industry.