EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars, are being developed by firms in the United States, Europe and Asia.
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.
Then there's "tiltrotor" — a design which has one or more rotors mounted on a wing that can tilt up and down. All of those regulators have put in place various rules and certifications that eVTOL producers and operators need to adhere to and meet before being able to take these aircraft commercial.How will eVTOLs work in real life?
But infrastructure will need to built to support this. One key piece of infrastructure will be so-called "vertiports," a type of helipad combined with mini airport where these aircraft will take off and land. The firm is already taking orders from the premium market. One jet will cost $9 million. The version designed to be operated by fleets will cost $7 million.Alef Aeronautics has a different take on the eVTOL — a vehicle that can drive on the road and fly in the air.The car's chassis is hollow and hides a number of propellers. A video demonstrating how the car might work shows the vehicle taking off vertically and being able to fly on its side.
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