The eVTOL take-off: four trends that shaped 2021

Billions of dollars, dozens of deals, and one legal battle: the year in eVTOL was an unforgettable one, with developers picking up the pace even as the larger aviation sector was busy slowly recovering from the fallout from the COVID-19 pandemic. Below, we catch up with leading analysts and investors to identify the top trends […]

Xpeng-backed urban air mobility company, HT Aero, raises $500M

HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to acquire top-tier talent, advance R&D and “continue to gain airworthiness provision and certification” as it advances towards the next generation of its vehicles, […]

How Los Angeles is preparing for the air taxi takeoff

Ride-hailing and e-scooters caused chaos for cities across the United States, even as companies promised they would fix more problems than they created. The city of Los Angeles — eager to introduce zero-emission transportation — wants to ensure the launch of air taxis doesn’t repeat past mistakes. To help prepare Los Angeles for the new […]

The Station: Inside the Rivian R1T and its IPO filing

Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp, it was an EV heavy week, starting with the Polestar SPAC and ending with the Rivian IPO filing (curses to the late Friday regulatory filing). Oh, and […]

Archer Aviation is seeking $1B in damages from Wisk Aero as legal dispute escalates

Archer Aviation is seeking $1 billion in damages from Wisk Aero, according to court filings Tuesday, significantly escalating the ongoing legal battle between the two air taxi rivals. Wisk “deployed a knowingly false extra-judicial smear campaign that projected stand-alone defamatory statements about Archer to the world,” the filing says. On this basis, Archer claims that […]

Lilium in talks with Brazilian airline for $1B order

German electric aircraft startup Lilium is negotiating the terms for a 220-aircraft, $1 billion order with one of Brazil’s largest domestic airlines, the companies said Monday. Should the deal with Azul move forward, it would mark the largest order in Lilium’s history and its first foray into South American markets. “A term sheet has been […]

The Lilium electric Jet will use batteries manufactured by Germany’s Customcells

Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet. The battery IP is the result of “multiple players,” a Lilium spokesperson told TechCrunch, but the manufacturing will be the sole job of Customcells. While Lilium declined to specify the number of battery systems as part […]

Joby Aviation, aiming to go to market in 2024, completes 154 mile test flight

Santa Cruz, California-based Joby Aviation has completed the longest test flight of an eVTOL to date, as its unnamed full-sized prototype aircraft concluded a trip of over 150 miles on a single charge, the company said Monday. The test was completed at Joby’s Electric Flight Base in Big Sur, California earlier this month. It’s the […]

Judge denies Wisk Aero’s request for preliminary injunction against Archer Aviation

Electric aviation startup Wisk Aero’s request for a preliminary injunction against rival Archer Aviation was denied by a federal judge Thursday, the latest in an ongoing legal battle over whether Archer stole trade secrets in developing its flagship Maker aircraft. A full written opinion has not yet been published. In a tentative ruling filed earlier […]