The Demand for On-Demand Mobility
- 01 Jan 2017 09:47 PM
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The hurdles are high and there is ample reason for skepticism, but tech entrepreneurs are pushing electric aircraft ideas that could lead to a new era for vertical takeoff and landing aircraft, aka VTOLs (pronounced VEE-talls). The latest entrant is Uber Technologies, the $68B cell phone app rent-a-ride provider, which recently announced it will invest in and promote “on-demand aviation.” Uber’s vision — shared by a growing number of aviation experts — is to use electric-powered VTOL (e-VTOL) aircraft as “air taxis” to revolutionize transport in and around big cities.