Abstract
Hybrid-electric vertical take-off and landing (eVTOL) vehicles could transform the air traffic ecosystem. After more than a decade, the market for electric vertical take-off and landing aircraft is on the rise, and its goal of making urban air mobility (UAM) for everyone personal, on-demand and carbon-free looks within reach. Big money is backing air taxis. In 2021, at least four leading players will go public. All will reverse-merge into existing listed investment vehicles - or SPACs - which will receive funding from current and new investors. The various companies involved in developing eVTOL vehicles are discussed.
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