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Technology Stocks : Drones, Autonomous Vehicles and Flying Cars

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From: sunabeach6/18/2024 7:15:12 AM
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The electric air taxi revolution is coming



Joby Aviation

The era of flying cars may be here sooner than you think.
More than two dozen big “eVTOL” — electric vertical take-off and landing — aircraft firms have been founded in the last decade, and US and European regulators are close to certifying some of them. All are aimed at short trips of 18 to 25 miles, carrying commuters or cargo, or potentially acting as air ambulances, organ delivery vehicles, and police transport, Scientific American reported. The vehicles come in various designs, such as multicopters and fixed-wing aircraft capable of higher speeds and longer range. One firm, Joby, estimates that it needs to operate at a cost of around $3 per passenger mile to make a profit: Its first prototype was delivered last year.

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