Sky cars to be built in Tel Aviv
A 500m loop will be built on the campus of Israel Aerospace Industries (IAI) followed by a commercial network, according to skyTran, the company that will build it.
Two-person vehicles will be suspended from elevated magnetic tracks, as an alternative transport method to congested roads, the firm promised.
The system should be up and running by the end of 2015.
The firm hopes the test track will prove that the technology works and lead to a