TechCrunch Mobility: The shifting flight path of electric air taxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility!
Something was in the air this week because we had a heck of a lot of electric aircraft news. Ba-dum-tss.
But really, it’s no joke — two of the bigger deals of the week involved companies developing electric vertical takeoff and landing aircraft (eVTOL). Together they illustrate how the burgeoning sector continues to consolidate and seek out near-term revenue streams even as they go through the lengthy regulatory process to eventually deploy electric air taxis.
In one of the crazier twists in the nascent eVTOL industry, Archer Aviation announced that it now owns its former rival Wisk Aero. Under the terms of the deal, Boeingagreed to sell Wisk Aeroand two other subsidiaries...
Copyright of this story solely belongs to techcrunch.com. To see the full text click HERE
