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☆ How America’s New ‘Battery Belt’ Is Shifting the Auto Industry South
▼ + stars: | 2023-03-06 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

E46For eVTOLs to Really Take Off, Airspace Needs an Overhaul. Here’s Why. If a new-wave of air-taxis were to all suddenly take to the skies, the systems and protocols used to safely manage our skies wouldn’t cope. WSJ’s George Downs speaks to the FAA and others to find out how airspace is being redesigned. Illustration: George Downs

☆ Trump proposes 10 futuristic 'Freedom Cities,' featuring Jetsons-like flying cars
▼ + stars: | 2023-03-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former President Donald Trump on Friday shared the broad strokes of an ambitious plan to build 10 new "Freedom Cities" and beat China in the development of flying cars. Another plank of Trump's plan, detailed in a less-than-four-minute video shared by his campaign, is for the federal government to boost investment in flying personal vehicles. "I want to ensure that America, not China, leads this revolution in air mobility," Trump said in the video. Trump's video also teased a "major initiative" to lower the cost of living, with a focus on lowering the costs of buying a car building a single-family home. Days earlier, Trump unveiled a protectionist trade agenda featuring "universal" tariffs aimed to encourage domestic production.

☆ JPMorgan says electric flying vehicles will be a $1 trillion market and it has a new favorite way to play it
▼ + stars: | 2023-03-01 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

There's a $1 trillion market opportunity for electric flying vehicles, and one player in particular — Eve — is positioned to take flight, according to JPMorgan. The company, which designs and produces electric vertical takeoff and landing vehicles (eVTOLs), has superior expertise since it was founded by Brazil-based jets manufacturer Embraer , analyst Marcelo Motta said in a note Wednesday. In September, United announced it agreed to buy 200 electric air taxis from the company and has options to purchase 200 more. Its total addressable market for passenger transportation could potentially reach $1 trillion by 2040 and would jump to $3 trillion when including cargo and military operations. That potential size exceeds the helicopter market of $35 billion a year and would have lower noise emission, lower operational costs and safety benefits, Motta said.

☆ Turkey-Syria Earthquake: Mapping Tech Could Aid Rescue Workers. Here’s How.
▼ + stars: | 2023-02-11 | by ( George Downs | ) www.wsj.com time to read: 1 min

☆ ASKA’s A5 Flying Car Wants to Reshape Your Commute – for $789,000
▼ + stars: | 2023-02-09 | by ( George Downs | ) www.wsj.com time to read: 1 min

☆ For eVTOLs to Really Take Off, Airspace Needs an Overhaul. Here’s Why.
▼ + stars: | 2023-01-26 | by ( George Downs | ) www.wsj.com time to read: 1 min

E44Musk’s Boring Co. Wanted to Dig Cities Out of Traffic: What Happened? The ambitions of Elon Musk’s Boring Co. haven’t quite lived up to reality. WSJ’s George Downs explains what the company has achieved so far and what it needs to do to fulfill his aim of eliminating traffic. Illustration: George Downs

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy United Airlines-backed Archer Aviation thinks eVTOLs could replace helicoptersWith an estimated 200 companies working on them, eVTOLs are taking the aviation industry by storm. And while vertical lift aircraft have existed for more than a century in the form of helicopters, eVTOLs could disrupt the $49 billion industry in certain segments due to their cheaper maintenance and operating costs. CNBC spoke with one startup, Archer Aviation, which is backed by United Airlines, about why these new aircraft could change how people travel.

☆ How these new electric aircrafts could disrupt the $49 billion helicopter industry
▼ + stars: | 2023-01-24 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

Vertical lift aircraft have existed for more than a century in the form of helicopters. But the $49 billion industry faces a rapidly emerging threat. An estimated 200 companies are working to build electric vertical takeoff and landing vehicles (eVTOLs), a new type of small passenger aircraft designed for transportation within congested urban environments. "The electrification makes the aircraft safer. Safer aircraft also becomes less costly to maintain."

☆ How electric air taxis could shake up the airline industry in the next decade
▼ + stars: | 2022-12-03 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +5 min

Companies across the U.S., including several startups, are developing electric air taxis that aim to take cars off the road and put people in the sky. In October, Delta Air Lines joined the list of airlines backing EV technology startups, with a $60 million investment in Joby Aviation, a company developing electric vertical takeoff and landing aircraft (eVTOLs), intended to operate as an air taxi service. In 2021, when Joby announced its plan to launch its Uber-like air taxis by 2024, it generated criticism from industry analysts on the ability to launch by that date. One is for $15 million with Eve Air Mobility for 200 aircraft, and another for $10 million with Archer Aviation for 100 eVTOLs. Air taxis could hit markets in the 2030sWhile major airlines enter agreements with global startups, it's important to remember these are conditional.

☆ U.S. proposes rules to advance flying taxi operations
▼ + stars: | 2022-11-21 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade. Electric vertical takeoff and landing aircraft (eVTOL) have been touted as flying taxis that could be the future of urban air mobility. The FAA issued a proposal to update its air carrier definition to add "powered-lift" operations to regulations covering other commercial operations like airlines, charters and air tours. The FAA is separately developing a powered-lift operations rule for certifying pilots and operating requirements to fly eVTOLs. The FAA expects to issue an implementation plan next May that will help it meet the industry's ambitious growth plans, he added.

☆ Why Delta is betting on Joby to make electric flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | Jeniece Pettitt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Delta is betting on Joby to make electric flying taxis a realityAdvances in battery and electric propulsion technology have enabled entirely new types of aircraft to take to the skies. Startups Joby, Archer, Vertical, Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players that has grand ambitions of not only building the aircraft, but operating an Uber-like air taxi business.

☆ How Joby and Delta are making flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

The world has long dreamed of a day when flying cars become part of daily life. Startups Joby, Archer, Vertical , Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players with grand ambitions of not only building the aircraft but also operating an Uber-like air taxi business. Founded in 2009 in Santa Cruz, California, the company has received investments from Toyota , Delta Air Lines , Uber and the U.S. Department of Defense. Joby is currently manufacturing and performing flight tests at its pilot facility outside of Monterey in Marina, California.

☆ How United Airlines expects electric planes to change the way passengers make travel decisions
▼ + stars: | 2022-10-28 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

As electric cars and SUVs move toward 5% of the new-car market in the U.S. and 9% globally, few airlines have made any major push toward electric planes. Sustainability plans being pursued by American Airlines , Delta Air Lines and Southwest Airlines barely mention electric planes. "Go back to the 1990s, there were hundreds of small aircraft serving a lot of communities that have now lost service." "There are literally dozens of companies that wouldn't have worked that are now viable startups that you'll hear about United Airlines and United Ventures investing in in the coming months." Most likely, electric planes will serve small markets, hydrogen-powered planes will serve medium-sized passenger loads, and SAF-powered jet engines will serve major cities.

☆ Saudia to buy up to 100 Lilium electric aircraft for domestic network
▼ + stars: | 2022-10-26 | by ( Hadeel Al Sayegh | Ron Bousso | ) www.reuters.com time to read: +2 min

RIYADH, Oct 26 (Reuters) - Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for use on Saudia's domestic network, the state carrier's chief executive said on Wednesday. In an interview after the announcement, Koshy said "in the course of this year," Saudia will be looking at an operational commercial network. "We'll also be looking at the infrastructure that's required," adding because the aircraft are eVTOLs, they do not require airports. "It's more like a port with charging stations, passengers embarking, disembarking, and that's going to require a whole infrastructure." Public and private investors would have an opportunity to build such infrastructure, Koshy said, speaking at Saudi Arabia's flagship investment conference FII.

☆ Archer Aviation plans to build 250 air taxis in 2025
▼ + stars: | 2022-10-24 | by ( Aishwarya Nair | ) www.reuters.com time to read: +2 min

Adam Goldstein (R) and Brett Adcock, co-founders and co-CEOs of flying taxi company Archer Aviation, pose for a picture as they rehearse for the unveiling of their all-electric aircraft from a facility in Hawthorne, California, U.S. June 8, 2021. REUTERS/Mike BlakeOct 24 (Reuters) - Archer Aviation Inc (ACHR.N) said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. "In our first year, we will build 250 aircraft, our second year will build 500 aircraft, our third year will build 650 aircraft and then we scale it up to around 2,000 aircraft per year," CEO Adam Goldstein told Reuters in an interview. Archer aims to certify its pilot-plus-four-passenger aircraft, 'Midnight', by end-2024, though the U.S. Federal Aviation Administration (FAA) is still in the process of drawing up certification rules for these futuristic aircraft. Register now for FREE unlimited access to Reuters.com Register"In terms of aircraft production, we have estimated in our Archer model ~20 units in 2025," JPM analyst Bill Peterson said.

☆ UBS gives long-term buys for the transportation revolution from self-driving cars to sky taxis
▼ + stars: | 2022-10-12 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Transportation could undergo a significant transformation in the coming decades, and that could create upside for some well-known stocks, according to UBS. Those opportunities include high-speed rail, electric vehicles, sky taxis, self-driving cars and so-called "last-mile" solutions for shorter transport. "The technology is still a work in progress, but most governments are supportive of innovation and the benefits that come with SDVs, though they impose strict testing requirements," the UBS note said. Smaller vehicles, like electric scooters and motorcycles, are also seen as a growing category. Indian and Japanese companies like Suzuki are expected to outperform for motorcycles and other smaller vehicles, but UBS does list Polaris as a buy.

☆ Delta invests in electric air taxi startup Joby, plans last-mile airport service
▼ + stars: | 2022-10-11 | by ( Phil Lebeau | ) www.cnbc.com time to read: +2 min

A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company's initial public offering in New York, U.S., on Aug. 11, 2021. Delta Air Lines , which has watched competitors map future plans with electric vertical takeoff and landing aircraft startups, is joining the growing list of airlines looking to make short trips to and from airports faster and easier. The carrier is investing $60 million in startup Joby Aviation, which is planning to build and operate an electric vertical takeoff and landing aircraft, or eVTOL, effectively an air taxi. Delta will also have an exclusive five-year partnership with Joby operating eVTOLs as part of the Delta network. Delta's deal with Joby means the three legacy airlines in the U.S. have all taken stakes with eVTOL startups.

☆ Delta just gave the clearest indication yet of how electric flying taxis will change the experience of flying with airlines
▼ + stars: | 2022-10-11 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

Delta Air Lines has made a $60 million investment in an eVTOL aircraft. The five-seater air taxi is being produced by Joby Aviation and is planned to enter service by 2024. Delta says it will help some customers avoid traffic by quickly transferring between city centers and airports. The aircraft, which is expected to enter service as soon as 2024, is engineered to fly up to 200 miles per hour with a range of 150 miles. In addition to Delta, Joby has partnered with Tokyo-based All Nippon Airways to bring air taxi transfers to Japan.

Stephen is Insider's UK-based transportation reporter. He writes news and visual features primarily focusing on the global operations of major automakers, European aviation, and global trade. He started his career as a match day reporter for the Non-League paper, before a brief spell working in social media analytics for global sports brands. Before joining Insider, as a careers reporter in 2021, he spent three years covering business and leadership for Management Today. See some examples of his work:

☆ India's Blade signs order for up to 200 electric aircraft from Embraer's Eve
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Sept 27 (Reuters) - Brazil's Eve Holding Inc (EVEX.N) said on Tuesday that Blade India has signed a purchase order for up to 200 of its electric vertical take-off and landing (eVTOLs), allowing it to expand its urban air mobility ecosystem in the Asian country. A joint venture between Hunch Ventures and Blade Air Mobility (BLDE.O), Blade India will also collaborate with Eve - which is controlled by planemaker Embraer SA (EMBR3.SA) - on a three-month pilot project connecting passengers using helicopters, the company said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

☆ Flying taxi ordered by American Airlines successfully completes first test flight
▼ + stars: | 2022-09-27 | by ( Stephen Jones | ) www.businessinsider.com time to read: +2 min

The flying taxi that's been ordered by American Airlines has completed its first test flight. The piloted test of the VX4 is the first in a series of planned tests, Vertical Aerospace said Monday. No model has been certified by flight regulators, although Vertical Aerospace hopes to have the VX4 certified by 2025. Because the test flight was piloted, Vertical Aerospace had to apply for a permit from the UK's aviation regulator, the Civil Aviation Authority (CAA). Vertical Aerospace plans to continue testing the VX4 for several months and increase the altitude and speed with each new test flight.

☆ Meet 11 people leading the aviation industry's push to slash emissions and ditch fossil fuels
▼ + stars: | 2022-05-31 | by ( Maia Anderson | ) www.businessinsider.com time to read: +14 min

Experts have estimated that aviation is responsible for nearly 2% of global greenhouse-gas emissions and 2.5% of carbon-dioxide emissions. Some aviation giants, like United, are signing purchase agreements to buy electric aircraft. Today he serves as CEO and chairman of the company, which aims to be a pioneer in electric aircraft. In 2000 he founded Aviation Technology Group, which developed the ATG Javelin very light jet before ceasing operations in 2007. He is also a founding member of the Nordic Network for Electric Aviation.

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