The electric flying vehicle market is poised to become a lucrative business, with the potential to grow to a thousand billion dollars by 2040, according to Marcello Motta, an analyst at JPMorgan. Motta suggests now is the time to invest in the most promising company in the industry, and he recommends Eve Holding Inc, a Brazilian subsidiary of Embraer, as a prime target for investors.
related articles
- Embraer is also embarking on the development of zero-emission aircraft
- Embraer has found a partner in Scandinavia to develop its eVTOL concept
Eve Holding is well-positioned to benefit from Embraer’s expertise in aircraft construction, which will help reduce investment and operating costs. This gives the company a competitive advantage that could drive its shares to reach eight dollars, almost one and a half times its current price. United Airlines, which has invested $15 million in Eve, has already ordered 200 air taxis from the company.
While JPMorgan analysts do not expect short-term profits from electric flying vehicle companies, they anticipate that news on development results and orders will drive share prices. The eVTOL market has the advantage of lower maintenance costs and much lower noise pollution compared to helicopters. If the billion-dollar prediction comes true, the market for eVTOL vehicles could surpass the $35 billion-a-year market for helicopters.
Eve Holding plans to launch its commercial air taxi service in 2026, but it must first obtain a license to fly its vehicles. However, the lack of legislation to regulate eVTOL vehicle operations, which do not yet exist, could slow down the process. Production will only begin once the paperwork is in order, but the company has the funds to start production and service, estimated at a minimum of $540 million.
In conclusion, investing in Eve Holding may be a smart move for those looking to get involved in the emerging eVTOL market. However, potential investors should also be aware of the uncertainties surrounding this new market, including the lack of regulations and the high costs of production. It is essential to carefully consider these risks before investing in any emerging technology.
Recent article
Drones News & Articles
How does drone transport affect the labour market and traditional supply chains ?
Flying Cars News & Articles
CycloTech presents the ‘BlackBird’ demonstrator
Flying Cars News & Articles
Samson Sky reveals new sleek body style for Switchblade
Drones News & Articles
The world’s largest cargo drone could soon take to the skies
EVTOL & VTOL News & Articles
EVTOLs in passenger transport: Market analysis, forecasts, and future potential
EVTOL & VTOL News & Articles
Challenges and Opportunities in Scaling the eVTOL Industry
Drones News & Articles
Skydio faces supply crisis amid escalating tensions with China
Additional aircraft News & Articles
Prototype airliner flying at twice the speed of sound successfully tested
Drones News & Articles
A Hungarian company has developed a stealth drone capable of flying tens of thousands of kilometres
EVTOL & VTOL News & Articles
EHang and CAFUC partnership to cultivate talent for the booming UAV industry
Flying Cars News & Articles
Xpeng AeroHT’s hybrid flying car concepts
Air taxi News & Articles
New aircraft category born for the first time since the 1940s, says the Federal Aviation Administration
Electric airplane News & Articles
What are the running costs for an electric aircraft ?
Air taxi News & Articles
What decides who will be the most successful air taxi service provider ?
Air taxi News & Articles
Air taxis to flood the skies, Dubai to move in two years
News & Articles Points of interest
Developing laser weapons to fight drones
News & Articles Points of interest
This tool can be used to create entire fleets of phantom fighters
Flying Cars News & Articles
Flying cars: another Chinese manufacturer takes to the skies
Drones News & Articles
Zipline’s drone technology: revolutionising delivery systems
Drones News & Articles
Chinese drone manufacturer sues US Department of Defense
Electric airplane News & Articles
How safe are electric planes ?
EVTOL & VTOL News & Articles
The air motorsport of the future promises to be spectacular
Flying Cars News & Articles
Flying cars and personal air vehicles showcased at GITEX 2024
Electric airplane News & Articles
The first swallows: electric air flights launched in the USA
News & Articles Points of interest
Canadair branding for De Havilland’s new firefighting aircraft
News & Articles Propulsion-Fuel
Brewery wastewater has been used to make fuel, and it could be a big step forward for aviation
Flying Cars News & Articles
More than fifty years since the first real flying car took to the skies
Additional aircraft News & Articles
Hypersonic passenger travel: the rise of the starglazer
Air taxi News & Articles
Toyota’s strategic advancement in air mobility
Electric airplane News & Articles
What new security challenges might hackers face due to the software dependency of electric aircraft ?
News & Articles Points of interest
Tiltrotor aircraft to replace the legendary Black Hawk helicopters
EVTOL & VTOL News & Articles
How will eVTOL aircraft sales develop in the future? What can we expect ?
News & Articles Propulsion-Fuel
What role do startups and smaller manufacturers play in pushing the boundaries of eVTOL innovation and production techniques ?
News & Articles Propulsion-Fuel
What are the key manufacturing cost drivers for eVTOLs, and how can they be optimized to make these vehicles economically viable for mass production ?
EVTOL & VTOL News & Articles
How will eVTOL mass production differ from traditional aircraft manufacturing ?
Flying Cars News & Articles
The mass-produced flying car is coming
Electric airplane News & Articles
The Pentagon is also interested in a new electric unmanned cargo plane
News & Articles Propulsion-Fuel
Hydrogen powered aircraft, when will they be available ?
Drones News & Articles
The sky was lit up by a record-breaking drone show
Additional aircraft News & Articles
Radian Aerospace takes significant steps towards reusable space plane
More articles you may be interested in...
Additional aircraft News & Articles
Testing the Phoenix hydrogen-powered aircraft
Flying Cars News & Articles
What are the potential military and emergency response applications of flying cars ?
In the realm of technological innovation, few concepts capture the imagination quite like flying cars. While the civilian applications of these futuristic vehicles have long been the subject of speculation and excitement, their potential in military and emergency response scenarios presents a fascinating array of possibilities.
Air taxi
Another air taxi now available for pre-order
Doroni Aerospace, a startup based in Florida that was founded in 2016, has added a protective cover to the rotors......>>> READ MORE
Drones News & Articles
EU regulation on drones and models
EVTOL & VTOL News & Articles
EHang and Spanish National Police Collaborate to Explore AAV Use Cases in Emergency and Security Missions
Additional aircraft News & Articles
Luxury above the clouds
Drones News & Articles
A stunning sight: China sets a world record with drones
Flying Cars News & Articles
What are the potential military and emergency response applications of flying cars ?
In the realm of technological innovation, few concepts capture the imagination quite like flying cars.......>>> READ MORE
moreFlying Cars News & Articles
Even the new market can be launched Terrafugia flying car
Flying Cars News & Articles
The flying car revolution is reaching
EVTOL & VTOL News & Articles
Criteria That EVTOL Manufacturers Aim to Meet
EVTOL & VTOL News & Articles
From Concept to Reality: The Emerging eVTOL Landscape
Additional aircraft News & Articles
Boeing unveils new hypersonic aircraft
Not much is known about the concept at the moment, but it is more than......>>> READ MORE
moreEVTOL & VTOL News & Articles
From Concept to Reality: The Emerging eVTOL Landscape
The 2024 Consumer Electronics Show (CES) marked a pivotal moment in aviation technology, particularly in the realm of eVTOLs (Electric Vertical Takeoff and Landing vehicles). A discernible shift from theoretical designs to practical, near-term implementations was evident, signaling a transformative phase in urban air mobility.