If I'm even 10 metres under the ground, flying at 50km/h, if this device fails, of the battery runs out, you're not gonna live to the tell the tale. There is no parachuting, no way of gliding safely to the ground (like planes and helicopters). What is the safety net?
I can't ever see a world where even a minority of the population adopt flying cars. The chance of catastrophic failure (death) is too high.