In this edition, IBA's Mike Yeomans and Denesz Thiyagarajan cover the latest developments in the electric vertical take-off and landing (eVTOL) aircraft space and the forward outlook for market entry.
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As the world looks towards revolutionary forms of air travel, electric vertical take-off and landing (eVTOL) vehicles seem to be the main talking point in the realm of futuristic transportation and aviation. eVTOLs are expected to revolutionise the skies and their potential applications are positioned to shift urban mobility while opening new market horizons. In global cities prone to congestion, such as New York, Shanghai, and London, they can serve as an efficient form of alternative transportation in these environments. Similarly, where light helicopters have previously been the market standard, eVTOLs are being positioned as viable replacements for existing, ageing fleets.