As the air deservedly comes out of asset bubbles globally, companies and households need to focus on weathering the financing crunch/bear market/recession and looking forward to opportunities that will arise from it. Excellent companies and products are routinely horrible investments if bought at too high a price, so timing is a critical factor in outcomes. But innovations to reduce fossil fuel consumption and pollution while optimizing efficiency are defining themes of our generation.

German company Lilium produces flying electric passenger drones. CNBC looks at the company’s testing site in Spain and whether so-called electric vertical takeoff and landing aircraft (eVTOL) — popularly dubbed flying cars can take off.  Here is a direct video clip.