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Technology Stocks : Drones, Autonomous Vehicles and Flying Cars

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From: sunabeach10/3/2024 8:06:53 AM
   of 3610
 
(SEMAFOR)


Electric air taxis are taking off




Wikimedia Commons

Toyota invested another $500 million into a US air taxi firm.
California-based Joby Aviation plans to build electric vertical take-off and
landing aircraft (eVTOL) capable of carrying four passengers for short intercity journeys, and hopes to have a commercial service running next year.

Toyota previously backed it with $400 million, while Uber invested $75 million. Air taxis are an increasingly near-future proposition:
This year, China’s aviation watchdog gave a preliminary license to an autonomous eVTOL craft that resembles a consumer drone, and the manufacturer has already received 1,100 orders.

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