ELECTRIC AIRCRAFT MARKET TRENDS

in LifeStyle5 years ago

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The potential demand requirements of electric-powered flight are said to offer a potential market for a host of new technologies, aviation-grade batteries, electric motors and composite materials.

According to a released report, air taxis or eVTOL indicates that the industry could potentially have an addressable market of $1.5 trillion by 2040. Check disclaimer on profile and landing page

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No matter where you plug in across the country, electric vehicles could be cheaper to fuel than their gasoline-powered counterparts.

The recent advances in battery energy density and electric propulsion systems is said to have enable the development of the electric vertical takeoff and landing aircraft.