eVTOL: Numerous teams, backed by institutional and "angel" investors, are making significant strides in the development of the next-generation electric vertical takeoff and landing (eVTOL) aircraft. Startups such as Joby Aviation, Lilium, EHang, as well as nameplate planemakers Boeing, and Airbus are at the forefront of developing eVTOL vehicles. When will these new generation of air transport start commercial operations? There are various factors involved, including successful completion of testing and certification, regulatory approval and whether or not people will actually pay for it.
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