🚁Advances in battery and electric propulsion technology have enabled the development of electric vertical takeoff and landing (eVTOL) aircraft.
🌆Startups like Joby, Archer, Vertical, and Lilium are working towards making air taxis a reality.
🔋Electric propulsion has opened up new possibilities for aircraft design and created a new class of aircraft.
💰Investment in eVTOL startups has been significant, with $5.8 billion invested in 2020 alone.
🛫eVTOLs have the potential to fundamentally change how people get to airports and alleviate traffic congestion in cities.