The European Union is going to set aside €4.2 million ($6.2M USD) for a project known as myCopter. This is a Personal Aerial Vehicle (PAV) that would try to reduce the traffic congestion in major European cities. The flying car would be used at low altitudes to travel to and from work. As myCopter would be flying below 2000 feet, it wouldn’t bother other air traffic, and would be fully or partially autonomous so you wouldn’t need ground-based air traffic control. The project is being undertaken by a consortium that includes the Max Plank Institute for Biological Cybernetics in Germany.