What Is An eVTOL?

What Is An eVTOL?

Hi folks,

Welcome back. It was a turbulent week for the flying car stocks.

$JOBY 🔻10% | $ACHR 🔻22% | $ARKX 🔻5% | $QQQ 🔻2%

Onward…

What Is An eVTOL?

The question I’ve received most frequently in the early stages of our flying car quest is,

What is an eVTOL?

eVTOL stands for electric vertical take-off and landing. For simplicity’s sake – think “electric helicopter” when you see the acronym.

eVTOL Innovators

Archer Aviation ($ACHR) and Joby Aviation ($JOBY) lead the eVTOL industry in the United States. Both companies are working alongside the FAA to usher in commercial flights,

Archer Receives FAA Certification to Operate Commercial Airline (June 5, 2024)

Joby Completes Third Stage of FAA Certification Process (February 21, 2024)

When commercial flights commence – Early Adopters will chase their curiosity…

You Are Here on the Adoption S-Curve

Innovations often follow an Adoption S-Curve.

This S-Curve reflects the cumulative rate at which a population adopts a new technology or product. Here’s what this looks like relative to eVTOLs:

 

The S-Curve categorizes global adoption into 5 stages along the growth cycle:

  • Innovators

  • Early Adopters

  • Early Majority

  • Late Majority

  • Laggards

Exponential growth occurs during the Early and Late Majority stages. eVTOLs are in their infancy – the Innovators are at play.

Today, if you believe flying cars will replace automobiles, you may be considered crazy – but this is good news for my fellow optimists.

Here’s a look at past Adoption S-Curves to ignite your imagination.

Let the kids play 🛸


If you enjoyed today’s post – please share it with a fellow Jetson.

GODSPEED 🌹🐝





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