Daily Times

An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday (Nov 17), billed as the world’s first, as the European planemaker seeks to boost its green aerospace technology. Several companies, including US ride-hailing company Uber Technologies, are working on electric-powered flying cars, amid increasing concerns about the environmental impact of fossil-fuel intensive air travel. Last month, Airbus rival Boeing announced a partnership with automaker Volkswagen’s sports car brand, Porsche, to develop a concept electric flying vehicle capable of transporting people in urban environments.