urban air mobility

Joby Aviation completed 50,000-mile demonstration flights, advancing toward 2027 commercial operations with FAA partnership and planned 500 aircraft annual manufacturing capacity.

eVTOL aircraft market projected to grow from $1.20B in 2024 to $4.45B by 2032 at 17.76% CAGR, driven by battery innovation and autonomous systems, though tariffs complicate supply chains.