|Electric Aircraft In The Future At AIRBUS and SIEMENS|
The two companies will aim to demonstrate the technical feasibility of various hybrid electric propulsion systems by 2020, they said in a statement on Thursday.
The two have put together a team of about 200 people to work on developing electrically powered aircraft and will make "significant contributions" to the project.
"We believe that by 2030 passenger aircraft below 100 seats could be propelled by hybrid propulsion systems and we are determined to explore this possibility together with world-class partners like Siemens," Airbus Group CEO Tom Enders said.
Read more: Alternative Energy Airbus, Siemens To Work Together On Electrically-Powered Planes