Small electric aircraft are edging closer to swarming the skies — here’s what to expect as the ‘flying car’ tech matures

Electric vertical take-off and landing aircraft have a lot of potential benefits for quickly covering short distances, though big challenges remain. We examine the market’s driving forces, recent advancements, and the industries most impacted.

  • August 30, 2024

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  • August 30, 2024

  • Already a CB Insights customer? Sign in.

What you need to know:

  • Companies like Joby Aviation, Archer Aviation, Lilium, and Volocopter are nearing eVTOL commercialization, with plans to launch air taxi services as soon as 2025, pending regulatory approvals.
  • Regulatory hurdles, infrastructure requirements, and battery efficiency are key challenges that need to be addressed before eVTOLs can become a widespread mode of transportation.

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