air taxi

Xpeng Inc. (NYSE:XPEV) has reportedly hired banks to help set up the automaker's flying car unit, Aeroht's Hong Kong public listing. Morgan Stanley, JP Morgan Hired The Chinese automaker has sought the services of Morgan Stanley, as well as JPMorgan & Chase Co., to prepare for the possible IPO...

The air-taxi dream is edging closer to reality, and two names are still fighting for the first boarding pass. Joby Aviation Inc (NYSE:JOBY) and Archer Aviation Inc (NYSE:ACHR) both promise to make flying cars an everyday thing — but their latest earnings show how differently they're trying to get...

Joby Aviation, Inc. (NYSE:JOBY) has integrated its electric air taxi into Microsoft Flight Simulator 2024, allowing aviation enthusiasts worldwide to experience the future of urban air mobility. What Happened: The company’s aircraft, capable of speeds up to 200 mph with zero operating...

Joby Aviation, Inc. (NYSE:JOBY) opened slightly lower on Thursday after the company announced that it has secured approval from the Federal Aviation Administration (FAA) for its proprietary software suite, “ElevateOS.” The software is intended to optimize air taxi operations. What...

Uber Technologies Inc (NYSE: UBER) is nearing a sale of its air taxi business segment, according to Axios. The discussions with California-based aerospace startup Joby Aviation have progressed to advanced levels and, if successful, could be officially announced sometime this month. ...

Baillie Gifford has invested $35 million in Germany-based air-taxi startup Lilium, the Financial Times reported. What Happened The United Kingdom-based private investment firm holds a nearly 4% stake in Lilium as a result of the investment that valued the startup at more than $1 billion, according...

Volocopter, the German air-taxi startup, has raised €50 million in its Series C funding round, with the financing led by Chinese auto major Zhejiang Geely Holding Group Co., the company that owns Volvo, Lotus, and other car manufacturers. With this round, Volocopter's total investment raise over...

Volocopter, the German autonomous air taxi company, is working with the Singapore authorities to introduce air taxis over the city state's skies, with pilot runs set to be underway this year. The Civil Aviation Authority of Singapore (CAAS) unveiled details at the Rotorcraft Asia trade show...