Lilium Jet eVTOL Reaches New Milestone
Some people think Lilium’s stock will be the next thing to take off!
Some people think Lilium’s stock will be the next thing to take off!
Electric vertical takeoff and landing (eVTOL) aircraft companies like Lilium seem to be a dime a dozen these. Many people have the perfect outlandish design for the electric air taxi of the future — or so they say. While most of these startups will never make it out of the … [continued]
The takeaway here shouldn’t be that cleantech firms are high risk and over valued. The takeaway is that unscrupulous people found a way to fleece a lot of investors of a lot of money via SPACs.
70% market cap loss. 7 of 16 facing investor lawsuits. That’s the world of cleantech SPACs in a nutshell. Caveat emptor.
Another eVTOL project is starting to take off!
If you are an urban planner or policy maker engaged with urban air mobility, be aware that the bloom is distinctly off this rose, cut your losses, and pivot to regional air mobility.
Simplicity is the silver bullet of electric rotorcraft.
Some of the eVTOLs will end up in billionaire’s stables, along with their other rarely used toys such as Bugattis, but they can afford to be frivolous.
Hydrogen is a very expensive alternative, so other options that are less expensive and have equal or better characteristics are going to dominate.
Electric aircraft have arrived, but a lot has to happen to make commercial flights a reality. Can they live up to the hype, and can they reduce aviation emissions? We run the numbers.