Top 5 Companies in The Electric Air Taxi Market

Electric Air Taxi is a commercial aircrafts for short flights. They are a type of electric vertical takeoff and landing (eVTOL) systems that uses electric power to takeoff and landing vertically. The eVTOL based systems came into existence due to the advanced combination of batteries, motors and controllers and growing necessity for urban air mobility. The study of air taxi was promoted by NASA in 2001, and then idea was reemerged in 2016 as personal air vehicles or passenger drones. Around the world, transport and aviation industries are collaborating and investing millions in vertical takeoff and landing (VTOL) projects. Major criteria in the development of air taxis are to cover maximum distance in short time without worrying about traffic congestion around the city. Other benefits of electric air taxi include generation of job opportunities as with rising taxi businesses, experienced pilot requirement will increase and new jobs will be created in terms of training and flying taxis.  

Brandessence Market Research has announced the Top Electric Air Taxi Companies In 2022.

Volocopter 

Volocopter GmbH manufactures air transport vehicle and provides transit services. The Company designs and builds manned electric helicopter which can help to resolve the increasing mobility issue, as well as offers flying air taxi services. Volocopter serves customers in Germany. Manufacturer of an electrical vertical take-off and landing aircraft designed to bring urban air mobility to life. The company's aircraft offers low noise output that minimizes any associated pollution and serves to maximize public acceptance, enabling airports and public transportation operators to speed up the transport of both goods and people and reduce traffic while also reducing carbon emissions. 

Urban Aeronautics

Urban Aeronautics Ltd manufactures defense parts. The Company offers internal rotor and car-sized aircraft design for urban air transportation. Urban Aeronautics serves customers in Israel.. UrbanAero capitalizes on its extensive portfolio of Intellectual Property via two subsidiary companies, Tactical Robotics Ltd. and Metro Skyways Ltd., each of which is developing unique Fancraft™ for specific markets. UrbanAero's unmanned military Fancraft is the Cormorant and has flown extensively since 2009, including autonomous free flights since Dec. 30, 2015. 

Via 

Via is a re-engineering public transit company that develops and provides on-demand public mobility solutions for commuters. Via is a re-engineering public transit company that develops and provides on-demand public mobility solutions for commuters. The company transforms public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via's mobile app connects passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. 

Joby Aviation 

Joby is a California-based company building quiet, all-electric aircraft to connect people like never before. With up to 150 miles of range and the ability to take off and land vertically, the Joby aircraft will change the way we move while reducing the acoustic and climate footprint of flight. 

Terrafugia

Terrafugia was founded by graduates of the Department of Aeronautics and Astronautics at the Massachusetts Institute of Technology and graduates of the MIT Sloan School of Management. Terrafugia reported they had over 100 employees in 2020. In February 2021, the company laid off the majority of its employees and planned to close its US operations and re-establish their headquarters in China.