Uber has unveiled its latest “flying car” concept, which looks more like a giant drone than the helicopter-like concept it first developed with NASA last year.

Uber shared the designs for its electric vertical take-off and landing vehicles (eVTOL) at its second annual Elevate summit in Los Angeles this week.

The vehicles will make up the “world’s first urban aviation rideshare network”, which Uber said will be fully operational by 2023.

The new prototype – an update of the one it created with NASA last year – is equipped with a series of drone-like stacked and co-rotating propellers. The propellors rotate in the same direction on two separate rotor systems designed to ensure safe transition between vertical and forward flight.

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Uber’s new drone for air taxi service