US aircraft manufacturer Boeing has invested a further $450 million in Wisk Aero, the joint venture between Kitty Hawk and Boeing to develop electric aerial taxis. The investment is intended to further the development of Wisk’s sixth-generation eVTOL and fund preparations for the start of series production.
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Britain’s electric air taxi startup Vertical Aerospace made its debut on the New York Stock Exchange on Friday after a blank-check SPAC deal valued at $2.2 billion got the go-ahead. It injects the company with 300 million in cash and has Vertical Aerospace looking to set up shop, perhaps in Ireland.
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Volocopter is to supply electric flying machines for the planned city of Neom in Saudi Arabia. The partners have formed a joint venture to build an eVTOL mobility system. Neom has placed an order for 15 Volocopter flying machines and plans to begin flight operations within the next two to three years.
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German electric air taxi developer Volocopter has cancelled its planned SPAC IPO in the US, according to a media report. This apparently emerges from investor letters that investors are said to have received a few days ago. With the cancellation of the deal, the approximately 750 small investors could all but go away empty-handed.
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Several French aviation and transport industry players have opened a test centre for sustainable urban air mobility at the Pontoise-Cormeilles airfield just outside the French capital Paris. Trials of eVTOLs from several manufacturers are now beginning there.
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To mark the 60th anniversary of the Renault 4, the French manufacturer presents a show car of a special kind: the electrically powered AIR4 relies on four twin propellers instead of tyres. The eVTOL is now capable of taking the classic “blue-jeans” car to the skies.
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Hyundai Motor Group has unveiled its new company called Supernal. The establishment of the subsidiary is related to Hyundai’s increased involvement in its Urban Air Mobility business, which aims to advance the group’s vision of future mobility in urban environments.
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The Israeli flying car start-up Air has presented its first electric flying machine, the Air One. This is an all-electric two-seater eVTOL that is to be sold mainly in the USA from 2024. Pre-orders for the model are already being taken.
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HT Aero, the flying car offshoot of Chinese electric car manufacturer Xpeng, has raised more than half a billion US dollars from a number of investors in its Series A funding round.
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The US hydrogen aviation specialist HyPoint has signed a strategic development agreement with BASF New Business (BNB), a subsidiary of the chemical company BASF. The aim is to develop and test a new proton-conductive Celtec membrane.
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ABB has been hired to provide a megawatt fast-charging network for electric aerial taxi manufacturer Lilium. The ABB equipment will enable charging with direct current with a power of up to 1,000 kW and can also be used for heavy electric trucks and buses.
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Electric air taxi manufacturer Eve Urban Air Mobility Solutions is partnering with private aircraft operator Avantto to develop an urban air mobility ecosystem for Latin America. The partnership also includes an order for 100 eVTOL air taxis, with deliveries scheduled to begin in 2026.
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UK-based eVOTL start-up Vertical Aerospace is partnering with Japanese trading company Marubeni to bring its VA-X4 electric vertical take-off aircraft to Japan. Marubeni has also signed an intention to purchase up to 200 units of Vertical’s electric aircraft as part of the deal.
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Evolito is a new company that develops and produces motors and power electronics for electric flight applications. Evolito was spun off from Yasa, the British electric motor specialist acquired by Daimler in July, at the beginning of the year.
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The German electric aerial taxi developer Volocopter has founded a joint venture with the Geely subsidiary Aerofugia in Chengdu, China. The joint goal of the partners is to bring urban air mobility to China within the next three to five years.
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Airbus has just unveiled concrete plans for zero-emission aviation with a new generation of the battery-electric CityAirbus. Meanwhile, the aircraft manufacturer has signed an MoU with Air New Zealand to research hydrogen-fuelled aircraft, while in Europe Airbus will focus on hydrogen aviation infrastructure with Air Liquide and airport operator Vinci by 2030.
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The Chinese electric car manufacturer Xpeng plans to bring electric flying cars to the market through its offshoot Xpeng Heitech from 2024. The Voyager X2 model currently under development offers space for two passengers.
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HyPoint, which specializes in air-cooled fuel cells for electric aircraft, has signed a development agreement with Piasecki Aircraft Corporation (PiAC). The goal is to develop FC systems – including for what is expected to be the world’s first crewed H2 helicopter.
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The electric aerial taxi start-up Lilium says it is negotiating with the Brazilian airline Azul to sell 220 electric aircraft with a total value of one billion US dollars. It would be the company’s first order from Brazil.
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The electric air taxi start-up Lilium is relying on Customcells for the series production of battery cells for the seven-seater Lilium Jet. In future, the Porsche partner will be one of the main suppliers to make the existing Lilium battery technology ready for series production and produce it at its plant in Tübingen.
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The electric air taxi startup Lilium is short of cash. According to the German magazine Welt am Sonntag, the company has amended its 2019 balance sheet to state that its continued existence is at risk.
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Rolls-Royce is entering the development of new energy storage systems for eVTOLs and electric commuter aircraft. The company is investing 80 million pounds (around 93.4 million euros) in this by 2030.
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The British eVTOL start-up Vertical Aerospace announces pre-orders for a total of 1,000 of its electric aerial taxis. In this context, the company also announces that it is seeking an IPO via SPAC and has received commitments from Microsoft, American Airlines, Avolon, Honeywell and Rolls-Royce.
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The electric aircraft manufacturer Eve Urban Air Mobility Solutions, a subsidiary of the Brazilian aircraft manufacturer Embraer, has received two large orders within a few days. Both Halo Aviation and Helisul Aviation are ordering several units of Eve’s vertical take-off and landing electric air taxi.
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After Beta Technologies received an order for the delivery of ten vertical take-off and landing electric air vehicles by the UPS subsidiary UPS Flight Forward at the beginning of April, the US manufacturer now reports the closing of a financing round for 368 million US dollars.
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Volocopter has presented its latest aircraft called VoloConnect. This electric, vertical take-off aircraft, eVTOL in short, is specially designed to connect suburbs and inner cities.
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UPS subsidiary Flight Forward announces it will procure ten vertical take-off and landing, electric airlifters from US manufacturer Beta Technologies. The agreement also includes an option to procure 150 additional eVTOLs.
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US hydrogen engineering firm HyPoint has unveiled the first working prototype of its air-cooled hydrogen fuel cell for electric aircraft. The Californian startup plans to start selling the fuel cells to aerospace and eVTOL customers as early as 2022.
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Volocopter has raised over 200 million euros in its Series D financing round. The money will be used for the approval process of the e-taxi VoloCity and the accelerated opening of the first commercial routes.
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United Airlines has approached eVTOL startup Archer to buy up to 200 of their air taxis. The agreement sees United lend their air space expertise “to assist Archer with the development of battery-powered, short-haul aircraft.”
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