Investing
Joby shows off electric air taxis in New York, targeting 2025 launch date
© Reuters. An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. REUTERS/Roselle Chen
2/3
By Roselle Chen
NEW YORK (Reuters) – Electric air taxis could be transporting passengers from JFK Airport to downtown Manhattan by 2025 – on quiet, emissions-free journeys that take around seven minutes.
Manufacturer Joby Aviation (NYSE:) carried out an exhibition flight at the Downtown Manhattan Heliport in New York on Sunday, the city’s first-ever electric air taxi flight and the first time Joby has flown in an urban setting.
The craft can recharge in about five minutes, while passengers are unloading and boarding, said CEO JoeBen Bevirt. The idea is that travelers will book their trip, similar to a rideshare app.
The company aims to begin commercial passenger service in 2025 and is in the third of five stages of certification with the Federal Aviation Administration (FAA).
The cost of booking a trip has yet to be confirmed but the company has previously said it will likely be comparable to a rideshare in a car.
Read the full article here
What to Do If TikTok is Banned — How to Protect Your Brand
10 Roles That Are Surprisingly Well-Suited for Outsourcing
How AI Can Make Us Better Leaders
How Pets Can Promote Better Health and Well-Being in the Workplace
Biden cancels more student loans with one week left to his term
10 Critical Questions to Ask Your Financial Advisor Now
10 Ways to Make Money As a Graphic Designer
If you are 60 years old, new 401(k) rules could save you money
Could Easier Cancellations Build Customer Loyalty?
Airbus keeps top spot with 766 jet deliveries in 2024 By Reuters
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Make Money7 days ago10 Critical Questions to Ask Your Financial Advisor Now
-
Make Money6 days ago10 Ways to Make Money As a Graphic Designer
-
Personal Finance5 days agoIf you are 60 years old, new 401(k) rules could save you money
-
Investing6 days agoCould Easier Cancellations Build Customer Loyalty?
-
Investing7 days agoAirbus keeps top spot with 766 jet deliveries in 2024 By Reuters
-
Investing4 days agoBank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
-
Side Hustles6 days agoTrump’s 2025 Inaugural Committee Raises Record $170 Million
-
Passive Income7 days agoHow to Build a Solid Go-to-Market Strategy for 2025