eVTOL

Forget Uber, Your eVTOL is here

These futuristic air taxis will redefine urban mobility as we know it

For simplification purposes, let’s start off with what actually is an eVTOL. It stands for electric Vertical Takeoff and Landing — essentially an aircraft that runs on electric power to hover, take off, and land vertically. Although Uber has transformed the concept of urban mobility in recent years, this would be the future of urban mobility. Not an Uber waiting for your on the curbside but an eVTOL landing in your backyard to fly you wherever you want to go.

Although this sounds like a scene from a science fiction movie, this is closer to us than ever before. The global eVTOL Aircraft market size is projected to reach USD 87640 million by 2026, from USD 46710 million in 2020, at a CAGR of 11.1% during 2021–2026. Greater technological expansion and increase investment in the R&D by the top players is fuelling the growth of the eVTOL industry.

Premier eVTOL company Joby maintains a lead in the race to certification. The company has completed more than 1,000 test flights across its current and previous full-scale prototypes in addition to establishing its certification basis. Last December, Joby was awarded the first U.S. Air Force airworthiness certification for an eVTOL aircraft, paving the…