- Start Consideration of Development and Production of Flying Cars, and Market 
Development in India -

SkyDrive Inc. (hereinafter "SkyDrive") and Suzuki Motor Corporation 
(hereinafter "Suzuki") jointly announced on March 22 a partnership for the 
commercialization of flying cars (*).

SkyDrive is a leading manufacturer of flying cars in Japan and is currently 
engaged in the development of a compact, two-seater electric-powered flying car 
with plans for full-scale production.

Suzuki is one of Japan's leading automakers with expertise that includes 
manufacturing and selling compact cars in international markets.

Under the terms of the agreement, SkyDrive and Suzuki will start consideration 
to collaborate in areas of business and technology that include technology R&D, 
planning of manufacturing and mass-production systems, development of overseas 
markets with an initial focus on India, and promotion of efforts to attain 
carbon neutrality.

SkyDrive aims to begin air taxi service during the 2025 World Exposition in 
Osaka, Japan, as well as to initiate service in other regions of Japan.

Suzuki, which has the company motto "Develop products of superior value by 
focusing on the customer," currently offers products in three mobility 
categories -- automobiles, motorcycles, and outboard motors. The company aims 
to remain indispensable to people by staying closely attuned to their lives and 
providing mobility. The partnership with SkyDrive will provide Suzuki with 
opportunities to explore and potentially add flying cars as a fourth mobility 
business.

About SkyDrive Inc.
SkyDrive was established in July 2018 with the mission of "leading a 
once-in-a-century mobility revolution." Since then, it has advanced the 
development of flying cars and cargo drones while working in partnership with 
others to promote the shared vision of a future in which people use air 
mobility as a means of transportation in their daily lives. SkyDrive is the 
only company in Japan that has successfully conducted manned test flights and 
is now involved in designing a system for future air mobility as a member of 
Japan's public-private council for advanced air mobility. The company's cargo 
drones, which can carry payloads of up to 30kg, are already being used at 
worksites in Japan, mainly in mountainous areas. SkyDrive is aiming to launch a 
flying car service in the Osaka Bay area in 2025. SkyDrive has headquarters in 
Shinjuku, Tokyo. Tomohiro Fukuzawa is CEO of the company.

For more information, please visit: https://en.skydrive2020.com/

About Suzuki Motor Corporation
Suzuki Motor Corporation is one of Japan's leading carmakers and a global 
motorcycle manufacturer. The company's non-vehicle products include outboard 
motors for boats and motorized wheelchairs. It builds its lineup on its own and 
through numerous subsidiaries and joint ventures outside Japan. Suzuki was 
established in 1920 and has headquarters in Hamamatsu, Shizuoka. Toshihiro 
Suzuki is President of the company.

Website: https://www.globalsuzuki.com/

Editor's Note:
(*) Flying cars are formally known as eVTOL (electric vertical takeoff and 
landing) aircraft. eVTOL is characterized by electrification, a fully 
autonomous autopilot, and vertical takeoff and landing. As a new advancement in 
the field of mobility, the development of flying cars is being promoted in many 
countries around the world. In Japan, the Public-Private Council for Air 
Mobility Revolution was established in 2018 with meetings held since then. The 
project is expected to lead to taxi services in urban areas, new means of 
transportation for remote islands and mountainous areas, and emergency 
transportation in times of disaster. A roadmap has been formulated by the 
Ministry of Economy, Trade, and Industry (METI) and the Ministry of Land, 
Infrastructure, Transport, and Tourism (MLIT) for the start of business in 2023 
and full-scale deployment in 2030.


Source: SkyDrive Inc., Suzuki Motor Corporation