Volocopter eyes launch of its electric helicopter taxis in Singapore

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German startup Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride.

The co-founder of the company, which is working with Singapore regulators to conduct a public test flight in coming months, said the city-state, Dubai and Germany were the markets most open to its air taxis.

A number of firms are trying to bring so-called air taxis to the mass market but a lack of regulation and infrastructure, and safety concerns have proved barriers.

Volocopter, which counts Daimler, Intel and Geely among its backers, is targeting a planned commercial rollout in two to three years of its drone-like taxis that resemble a small helicopter powered by 18 rotors.

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