Electric Vehicles Research
May 14, 2024
What to Expect From the eVTOL Market in 2024 and Beyond
The inception of Urban Air Mobility (UAM) dates back to 2016 when Uber introduced their Elevate conference. The company that changed ground transportation triggered a huge wave of investment by supporting the future of Advanced Air Mobility. More than 300 new electric vertical take-off and landing (eVTOL) aircraft manufacturing start-ups were established over the course of the following few years, each grabbing a piece of the US$8.5 billion in funding that has been poured into the industry as of the end of 2023.