Electric air taxis—known colloquially, if somewhat misleadingly, as “flying cars”—could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Dec. 9.
The still-young electric air taxi business “has the potential to significantly disrupt the landscape of urban mobility,” but still faces significant roadblocks to commercialization and profitability, according to the 2020 Emerging Technology Outlook from investor website PitchBook.
