Electric 'flying taxis' made by Bristol firm could be in use by 2028Vertical Aerospace is planning to build a new factory at Cotswold AirportView Image The UK's first flying taxi has completed its first cross-country flight, hitting 150mph. (Image: Adam Gasson/ Vertical Aerospace)A Bristol-headquartered company developing an all-electric 'flying taxi' says the aircraft could be ready for commercial use by 2028 if it secures $700m in funding. ‌Vertical Aerospace was established by OVO Energy founder Stephen Fitzpatrick in 2016 and is working towards the commercial deployment of electric vertical take-off and landing aircraft (eVTOLs). Stuart Simpson, chief executive of Vertical Aerospace, said: "Since launching Flightpath 2030, we've moved from ambition to execution. In May, the company made European aviation history by successfully piloting a VX4 prototype flight across the UK countryside.