"The Future of eVTOLs: From Air Taxis to Regulation and Global Impact"

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Source: CNBC
"The Future of eVTOLs: From Air Taxis to Regulation and Global Impact"
Photo: CNBC
TL;DR Summary

Electric vertical take-off and landing (eVTOL) vehicles, also known as flying cars or air taxis, are gaining traction as a potential alternative for urban and short-distance travel. With companies like Lilium making progress in manufacturing eVTOLs, the market is projected to be worth $1 trillion by 2040. However, challenges such as infrastructure, regulations, and pilot licensing need to be addressed before these vehicles can become a widespread mode of transportation.

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