There's a $1 trillion market opportunity for electric flying vehicles, and one player in particular — Eve — is positioned to take flight, according to JPMorgan. The company, which designs and produces electric vertical takeoff and landing vehicles , has superior expertise since it was founded by Brazil-based jets manufacturer Embraer , analyst Marcelo Motta said in a note Wednesday. Eve went public on the New York Stock Exchange last May.
mountain 2022-05-10 Eve's performance since is May 10, 2022 IPO Eve also has the highest number of potential orders in the sector at around 2.8 billion eVTOLs, or about $8 billion in value, from clients including United Airlines, he added. In September, United announced it agreed to buy 200 electric air taxis from the company and has options to purchase 200 more. United is also investing $15 million into Eve. The nascent eVTOLs industry has the potential for major growth, according to Motta.
It'd sure be a much more sensible direction for companies like LockheedMartin & Boeing to put their stake on, than expanding their interests in warplanes?
just build some trains yo
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