Boeing subsidiary Wisk Aero is developing electric flying cars, targeted to reach Asian markets by 2030.

The company is prioritizing U.S. certification before pursuing expansion into Asia.

Boeing is in the process of selecting its first Asian market for eVTOL vehicle entry.

A new Boeing research and development facility has been established in Nagoya, Japan.

Potential partnerships with automakers in fuel cells or electric vehicles are being considered by Boeing.

Boeing's move into eVTOL sector is partly due to challenges faced in its traditional aircraft business, including safety issues and a 32% decline in stock value.