Flying Cars Are Here, But It May Take Some Time Before They Land
Portfolio Pulse from Benzinga Neuro
The CNBC Tech podcast episode on eVTOLs highlights the industry's potential and challenges. With a projected market value of $1 trillion by 2040, companies globally are developing these electric vertical take-off and landing vehicles. Regulatory support and overcoming infrastructure and safety concerns are crucial for industry growth. eVTOL startups like Archer Aviation and Joby Aviation are at the forefront, while firms like New Horizon Aircraft and Hyundai Motor, along with XPeng Aeroht, a subsidiary of XPeng Inc., are advancing the technology.
April 01, 2024 | 2:54 pm
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POSITIVE IMPACT
Archer Aviation is pioneering the eVTOL industry, with significant investor and public interest.
As a pioneering company in the eVTOL sector, Archer Aviation stands to benefit from the growing interest and investment in this innovative form of transportation.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
New Horizon Aircraft is advancing eVTOL technology, with a focus on the future of transportation.
As a company involved in eVTOL development, New Horizon Aircraft is poised to capitalize on the sector's growth and the increasing interest from professional investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Hyundai Motor is contributing to eVTOL technology development, indicating a diversification strategy.
Hyundai Motor's involvement in eVTOL technology development reflects its strategic diversification and potential growth in new transportation sectors.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 60
POSITIVE IMPACT
Joby Aviation is a key player in the eVTOL market, with developments closely watched by investors.
Joby Aviation's role in developing eVTOL technology positions it as a significant beneficiary of the sector's growth and investor interest.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
XPeng Aeroht, a subsidiary of XPeng Inc., is making waves with its flying supercar concept, highlighting the company's innovation.
XPeng Aeroht's showcase of a flying supercar concept at CES underlines XPeng Inc.'s innovative edge in the eVTOL market, potentially boosting investor interest.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 75