It seems like flying cars are announced every other month and the latest is the AeroMobil 5.0 VTOL (vertical take-off and landing) concept.

Designed to complement the AeroMobil 4.0 STOL, which is designed for intra-city travel, the 5.0 VTOL is an electric flying car which is envisioned to have a four-seat interior and an autonomous flight mode.

Looking long and sleek, the 5.0 VTOL has two electrically driven rotors which are mounted on wings that swing into place. The concept also features a rear-mounted pusher propeller for forward thrust.

AeroMobil says the wings provide “maximum efficiency in flight” while the two rear tails offer enhanced flight control and stability. The concept is also slated to have an adaptive suspension to provide smooth landings and take-offs.

The futuristic styling continues in the interior as the flying car has a relatively stark cockpit with a rectangular steering wheel, wood trim and an assortment of high-tech displays. AeroMobil says each person will have access to a “personalized in-flight experience” as they can use one of the model’s various screens to stay connected with the outside world.

Despite being a concept, AeroMobil intends to put the 5.0 VTOL into production after the 4.0 STOL is launched in 2020. The company expects this will happen in the next seven to ten years. That’s quite a ways off but AeroMobil says it’s a realistic timeline as it acknowledges the “reality of building and scaling the infrastructure” for the model as well as getting regulatory approval.