Toyota has pledged 42.5 million yen (around $375,000) over the next three years to support the development of a flying car designed to light the Olympic Flame at the 2020 Olympics in Tokyo.
One of the founding principles of Toyota is “Monozukuri wa Hitozukuri,” which translates to “Developing people through craft of making things,” according to the press release. Belief in that principle led to the support of the project. With these funds, the team can now speed up their engineering and development processes.
“This activity is an effort to make a dream vehicle – a flying car that gives dreams which connects to the next generation, with members spending time working outside office hours,” the project’s technical leader Tsubasa Nakamura said in the statement.