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Electric flying taxis take to the skies in Paris, promising a green transport revolution

  • The aviation industry is preparing to deliver a future of electric flying taxis.
  • Paris is planning for a small fleet of electric flying taxis to operate on multiple routes when it hosts the 2024 Olympic and Paralympic Games.
  • Volocopter of Germany could be the first to fly taxis commercially if European regulators give their OK.
  • The limited power of battery technology restricts the range and number of paying passengers they can carry, so eVTOL hops are likely to be short and not cheap at the outset.
  • The industry could be worth $1 trillion by 2040 and $9 trillion by 2050 with advances in battery and propulsion technology.
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