This world-first all-electric air taxi could take you across the city for the same cost as an Uber – and it would be four times faster.

Munich-based start-up Lilium has just unveiled its new 5-seater air taxi for the first time, and it looks amazing:

Pic: Lilium

The full scale, full weight prototype completed its first remote-controlled flight in early May.

Lilium reckons it will be able to travel 300km in 60 minutes with no operating emissions, powered by 36 all-electric jet engines that allow it to take-off and land vertically.

It has no tail, rudder, propellers, or gearbox and only one moving part in the engine, which the company says makes it safer and more affordable for users.

Lilium wants to impact the way people choose to live and travel, says chief exec Daniel Wiegand.

“Whether it’s reducing the need for investment in ground-based infrastructure like road or rail, or opening up new areas to economic opportunities, we believe that urban air mobility has the potential to be a remarkable force for good in society and we look forward to working across our sector to achieve this,” he says.

Lilium wants to be fully operational in various cities around the world by 2025, although trial services may start earlier  in several locations.