Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to ...

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Vertical has been testing its VX4 vehicle, which will have a range of up to 100 miles, a cruise speed of 150mph and capacity for four passengers. Simpson said the company was committed to bringing its ...

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

Europe's flying taxi leaders are burning through cash — and investors aren't rushing to fill the gap for eVTOL startups ...

Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...

Take off in the possible future of air travel with the virtual version of Joby's air taxi in Microsoft Flight Simulator 2024 ...

Joby and Archer are pioneering the urban air mobility (UAM) sector, developing aircraft capable of vertical takeoff and ...

Want to go further afield? Trips between Abu Dhabi and Dubai are expected to range from Dhs800 to Dhs1,500. While that’s not ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...