The concept could be deployed for military use. (Image: Rolls Royce).
An aircraft powered by electricity that can transport people or cargo within the next five years is being explored by one of Britain's biggest aerospace companies.
Rolls-Royce has released details of its concept electric vertical take-off and landing (EVTOL) vehicle which is also being displayed at the Farnborough International Airshow.
The firm says its concept could serve as a taxi, and could also be deployed for personal, cargo and military use.
Rob Watson, who heads the manufacturer's electrical team. says he is keen to explore electrification as an alternative to liquid fuels as a new means of propulsion.
"Building on our existing expertise in electric technologies and aviation, Rolls-Royce is actively exploring a range of possible markets and applications for electric and hybrid electric flight.
The concept aircraft has wings that are able to rotate 90 degrees, enabling it to take off or land vertically.
It would use gas turbine technology to power an electric battery.
The manufacturer says it could transport five passengers at speeds of 250mph for up to 500 miles without being recharged.
The firm claims its EVTOL could take to the skies as soon as the early 2020s.