What if flying around in an electric vehicle is a key part of the way you travel in the future? That's what dozens of companies around the world are betting on.
EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars or air taxis, are being developed by firms in the U.S. to Europe and Asia.In the latest episode of"CNBC Tech: The Edge" we explore the eVTOL market — its promise and its challenges. Below are some of the companies in the eVTOL space and what they're trying to bring to market.An eVTOL aircraft can take off and land vertically.
Finally, there are"ducted vectored thrust" models, which don't have a propeller in sight. They use multiple, individually controlled electrical ducted fans to push the vehicle upward. This model is quieter and can fly longer distances efficiently, but are quite power-hungry. Some are discussing the possibility of eVTOLs operating within a city as a mode of urban transportation. Others are looking at ways these electric aircraft could be used for travel between cities, perhaps accompanying or replacing other modes of travel like cars and trains.
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