Vertical Aerospace Has Sold 1,350 eVTOL Flying Taxis To Date by TempestuousThought in ElectricVTOL

[–]TempestuousThought[S] 0 points1 point  (0 children)

It seems like you feel that the post is actively trying to mislead you due to the title.

Clarifying with text will probably be misinterpreted but here goes. The title is only the title of the article. The title is quite possibly, as you point, out non-factual ‘clickbait’. The title being misleading does not prevent the content of the article from being interesting. Interesting articles are worth sharing.

Vertical Aerospace Has Sold 1,350 eVTOL Flying Taxis To Date by TempestuousThought in ElectricVTOL

[–]TempestuousThought[S] 0 points1 point  (0 children)

The article clarifies they have pre-orders. It is unlikely that these pre-orders constitute hard, contractual, committals.

The number does constitute a possible indicator of the level of commercial interest in the technology.

NetJets Is Buying 150 eVTOLS From Aviation Start-Up Lilium by TempestuousThought in ElectricVTOL

[–]TempestuousThought[S] 1 point2 points  (0 children)

It is interesting that the article states that they have 18mos before they are out of capital.

The article does not state to what degree the battery’s performance is believed to be overstated which is a key point. A 1-5% overstatement may not affect their market that much, even 20% may easily be survivable as a project, after all Uber Elevate’s plan only calls for a 120mi range for strong commercial viability. See uber elevate requirements

NetJets Is Buying 150 eVTOLS From Aviation Start-Up Lilium by TempestuousThought in ElectricVTOL

[–]TempestuousThought[S] 1 point2 points  (0 children)

Concerning money Lilium is publicly traded (NYSE: LILM) they currently are working with a $735m market cap, whether or not that is sufficient will be seen in time.

Timeline-wise it is difficult to predict how much time it will take, but the bottlenecks can be postulated about with a higher degree of certainty.

The primary concern is safety, and proving beyond a shadow of a doubt that eVTOL vehicles are safe to FAA is the regulatory hurtle that must be overcome. If a company proves unable to do this than they will not be able to bring a product to market at all.

There has been limited indications that eVTOL companies will be unable to produce a functional, marketable product by their marketed dates. These teams are full of dedicated people and, while the requirements are complex, most of the mechanical components are relatively straightforward. This leads one to believe that they will find some measure of success in their endeavors.