German urban eVTOL maker (VoloCity); after 2024 insolvency, acquired by China's Wanfeng and resumed its EASA path. 2,000+ test flights.
Joby has cleared four of the FAA's five certification stages, Dubai certified the first purpose-built vertiport, and EHang has been type-certified in China since 2023. Nobody is flying paying passengers at scale, and the field's binding constraint is cash against a certification clock.
eVTOL leaders are pre-revenue and burning cash toward certification. Joby and Archer have raised billions and look funded; many European rivals already went bankrupt. Our read on who has the runway. (Our opinion, not investment advice.)
Air-taxi makers are not building the same vehicle. Joby and Archer bet on piloted, ~100-mile aircraft; EHang and Volocopter fly shorter, often autonomous hops. The range spec reveals the strategy.
Volocopter — After insolvency and a Wanfeng buyout, Volocopter resumed its EASA path with 2,000+ test flights logged.
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Joby Aviation 
Archer Aviation 
EHang