What do you think about eVOTL stocks? Is it just hype or the next big thing. (JOBY, ACHR, EVTL)
Here is what I learned about eVOTL
1) The main question I had was: why do we need eVTOLs when we already have helicopters?
Apparently this thing produces far less noise and are mechanically much simpler than traditional helicopters. They’re basically car‑sized drones.
2)They’re fully electric and battery‑powered, unlike helicopters that use aviation fuel. Battery capacity is the main limitation, which restricts their range. Current‑generation eVTOLs can travel around 100 to 250 km (I believe that's 62 miles to 155miles) at most, so they’re mainly designed for short, city‑to‑city or intra‑city transport. It's not gonna be a replacement for a taxi, it's gonna be an alternative for metro, bullet train or other city to city transport.
3) Current gen eVOTL can hold 1 pilot + 4 to 5 passengers. So you will need many of these to operate at the scale of a metro train.
4)They require dedicated charging stations and landing pads. Also if it's going to a public mode of transport it will need a waiting station for passengers, a proper boarding system/setup. This is another bottleneck in my opinion, since new infrastructure has to be built specifically for eVTOL operations.
5) Major players in this space - Archer aviation and Joby Aviation
The best case scenario is that it's gonna be a regular mode of transport and stocks are going to shoot up. Worst case scenario it's gonna be like one of those pedal boats you see in touristy places, a novelty item.
So what's your thoughts on eVOTL? Are there any companies I missed. If you're in on it which one would you invest in.