Crain’s: It’s boom times for startups trying to electrify aviation
November 13, 2023 The article discusses the burgeoning interest and investment in electrifying aviation, a movement akin to the revolution brought by electric cars to driving. Highlighting startups like Beta Technologies, Joby Aviation, and Eviation Aircraft, it details their efforts in developing electric vertical take-off and landing (eVTOL) aircraft and electric planes, aiming to reduce the aviation industry’s substantial carbon footprint. The sector faces challenges including battery limitations, high costs, and regulatory hurdles, but the potential environmental benefits and growing market demand drive continued innovation. With global efforts to decarbonize air travel intensifying, electric aviation is positioned as a promising solution to make air travel more sustainable, though significant technological and regulatory advances are still needed to achieve widespread adoption. https://www.crainsnewyork.com/transportation/when-will-we-get-electric-airplanes