Electric Air Taxis to be the Attention Grabbers, this 2023

By Garvit Vyas , 09 February, 2023

The world is moving more towards environmentally friendly transportations. Adapting more greener ways to reduce the use of fossil fuels. Thus, the electric vehicles are earning the attention of the various automobile companies. The new trend of electric air taxis is giving auto manufacturers to adapt lucrative ways.

New start-ups and industries are ready to invest in the air taxis, which would provide easy take off and landing options to transport travellers on short trips in between the cities by beating the traffic. Also, it will save more time by doing such.

According to the reports, in 2023 the auto manufacturers like Toyota, Porsche and Hyundai along with the financial investments also offering the expertise and knowledge on the areas such as mass production to give their respective start-ups a chin up in the race of electric air taxis. The above-mentioned companies see potential as eVTOL or electric vertical take-off and landing aircraft.

Stellantis will help Archer Aviation to build electric aircraft. Here, Archer’s share is up to 17 percent. The eVTOL midnight aircraft will be manufactured in Covington, Georgia from 2024 with a target to produce 2,300 aircrafts on annual basis. This eVTOL can carry a pilot and four passengers with a range of 100 miles (161 kms), as revealed by Reuters. It also adds that that the vehicle has a charging time of approximately 10 minutes in- betwixt.

According to another research, with the advancements in technologies like batteries and computing power, processing and advanced composite systems, autonomous aircraft could be very common by 2040. It is clear from the reports that eVTOLs are gaining interest globally, thus, the range of start-ups span from the United States, Brazil and Germany. Other companies focusing on eVTOLs are Boeing, Airbus, Embraer, Nasa and Over air.

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Garvit Vyas

Analyst