Lexus May Have Finally Built A Working Hoverboard

... and it looks gorgeous.
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Every week there seems to be a new company claiming they're getting closer to making a working, fully-functional hoverboard, well now it looks like Toyota's luxury brand Lexus may have finally cracked the code.

Not only does the liquid nitrogen create a pretty cool smoking effect, but the hoverboard itself is designed to perfection.

Not only does the liquid nitrogen create a pretty cool smoking effect, but the hoverboard itself is designed to perfection.

Lexus say that the project has been in the works for 18 months, and works using liquid nitrogen-cooled superconductors and permanent magnets. This means that the hoverboard will currently only work on a metal track, which is unfortunate. However if Toyota have it their way, there will be metal tracks everywhere in the next few years because they're not just planning hoverboards, they announced a year ago that they're working on putting this sort of technology into cars.

Here's what they said:

“It’s very confidential information but we have been studying the flying car in our most advanced R&D area,” Hiroyoshi Yoshiki, a managing officer in Toyota’s Technical Administration Group, said in June 2014 at the Bloomberg Next Big Thing Summit in Sausalito, California. “Flying car means the car is just a little bit away from the road, so it doesn’t have any friction or resistance from the road.”

Lexus says it'll disclose more information further down the road—specifically on Oct. 21, 2015, the day Doc, Marty and his girlfriend Jennifer went back to the future.