Joby Aviation is working to develop electric-powered aircraft that will take off and land like a helicopter but fly like a small plane
The notion that hundreds or even thousands of electric-powered air taxis could be whisking people over jammed roads is inching away from science fiction and closer to reality. Battery technology is improving enough for eVTOLs – short for electric vertical takeoffs and landings, the name given to these aircraft that can act like helicopters near the ground but fly like small planes. The bigger question may be whether there is a profitable business in producing them.
Moving from maybe a little north of $5 a mile down below $5 a mile over the launch period. Q. How is that possible, and don’t eVTOLs have to get bigger to bring down the per-passenger cost?A. It really comes down to utilization. The more of the seats that you’re selling, the lower the cost per passenger, and the more hours per day the aircraft is flying, the lower the cost per passenger.
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