U.K. developer Vertical Aerospace this week unveiled its flagship electric vertical takeoff and landing (eVTOL) aircraft, Valo, which, according to CEO Stuart Simpson, will be the “people’s air taxi.”
A chief criticism of eVTOL aircraft is their anticipated cost, leading many to characterize electric air taxis as a service for the wealthy. But Simpson said that won’t be the case for Vertical’s flagship model.
