Miami is still a long way from fixing its traffic and public transportation woes, but there may be a credible solution on the horizon — electric flying taxis. Companies around the world are racing to bring this technology to market, and many of them say ...

The flying taxis look like a cross between a small jet and a drone, with rotors up top that assist with a soft takeoff and landing. Known as eVTOLs — electric vertical takeoff and landing aircraft — they run on batteries and require no runway.

Joby Aviation (NYSE: JOBY) is one of the most talked-about names in flying taxis. The company is building electric aircraft designed to take off like a helicopter and fly like a p

A company says it has successfully tested out an electric aircraft meant to be used as a flying taxi for short-distance travel in urban centers. The Chinese company XPeng did a test flight in Dubai in the United Arab Emirates on Monday in front of the city ...