Flying cars—as a new type of vehicle for urban air mobility (UAM)—have become an important development trend for the transborder integration of automotive and aeronautical technologies and industries. This article introduces the 100-year history of flying cars, examines the current research status for UAM air buses and air taxis, and discusses the future development trend of intelligent transportation and air-to-land amphibious vehicles. Unsettled Topics Concerning Flying Cars for Urban Air Mobility identifies the major bottlenecks and impediments confronting the development of flying cars, such as high power density electric propulsion, high lift-to-drag ratio and lightweight body structures, and low-altitude intelligent flight. Furthermore, it proposes three phased goals and visions for the development of flying cars in China, suggesting the development of a flying vehicle technology innovation system that integrates automotive and aeronautic industries. Click here to access the full SAE EDGETM Research Report portfolio. https://doi.org/10.4271/EPR2021011