Archer Aviation is one of the firms leading the development of the electric vertical takeoff and landing (eVTOL) aircraft industry. Archer Aviation has a mission “to unlock the skies, freeing us to reimagine how we live and spend time.” Archer Aviation has a goal to deploy 6000 aircraft by 2030. Archer … [continued]
I write quite a bit about unmanned electric aircraft, and the benefits (both for people and the environment) that they come with as they replace the mission of many manned aircraft. Even more importantly, the low cost of operation gives more people access to aviation, even in a limited way, … [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.
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.
There’s a deep disconnect between the purported urban taxi business models and most of the graphics these eVTOL companies use, which hides a yawning chasm of reality.
Originally published on EV Annex. By Charles Morris Small companies grow into medium-size companies, and some swell into “megafirms,” “giants,” or even “behemoths.” Some puff up into members of feared groups of global power brokers, like the Big Three, the Seven Sisters, Big Auto, or Big Tech. This process has … [continued]
