How eVTOLs Could Disrupt The $49B Helicopter Industry

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Published 2023-01-22
With an estimated 200 companies working on them, electric vertical take-off and landing vehicles are taking the aviation industry by storm. And while vertical lift aircraft have existed for more than a century in the form of helicopters, eVTOLs could disrupt the $49 billion industry in certain segments due to their cheaper maintenance and operating costs. CNBC spoke with one startup, Archer Aviation, which counts United Airlines as one of its investors, about why we could see these new aircraft change how people travel.

Chapters:
1:33 Competing with helicopters
5:46 Archer Aviation
10:11 Challenges

Produced by: Andrew Evers
Narration and Editorial Support: Katie Tarasov
Supervising Producer: Jeniece Pettitt
Additional Camera: Sydney Boyo
Graphics by: Jason Reginato

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How eVTOLs Could Disrupt The $49B Helicopter Industry

All Comments (21)
  • @Rakusan2
    Upon hearing the price and plans, I think building train tracks and stations would be cheaper and better for everyone
  • If they say they'll launch in 2025 that means they'll launch in 2030. So many EV companies are way behind on production & burning thru cash. For something like this, they need a higher degree of expertise, legislation, infrastructure, funding & rare metals.
  • @sumitshresth
    it will only raise air congestion and move road traffic into air. For those regular trips from airport to downtown why not invest on bullet train so you can get from airport to downtown in way less than 1 hour that cars take.
  • This is an ad for Archer. Joby is at least 6 months ahead, and has been developing eVTOL since 2009. Market cap is nearly $2B, resources on track to certify by 2024, bring services online (with help from Uber and Delta) by 2025.
  • @DaNyBoY46
    “It’s completely silent if you are on the ground” scrubs audio from all clips of the helicopters
  • @user9b2
    In the mean time, do hybrids, power those electric motors with generators to get the range and power needed for specific usage.
  • @marcuscove
    They have a long way to go. Joby is in the lead, but they currently only have a 150 mile range. FAA certification of these new types will take many years. The time it will take to financially survive the FAA type cert process may eliminate many of these start-ups.
  • My greatest happiness is the $ 64,000 bi - weekly profit I get consistently from my $ 15,000 investment despite the economic fluctuation
  • @pressurizer1
    If those eVTOLs were rigorously tested to be safe enough to transport the developers and engineers' families and loved ones, then customers would get in to them eVTOLs right quick
  • @Tiger1x1
    These evtols can't provide mass transit... Metro or manglev would be a better option for this purpose
  • @andrewozzy
    As Evtols progress I think it would be interesting to have like an evtol parking garage for those trying to avoid ground congestion and want a more elegant way of commuting. Having a parking garage of sorts in a city center where 2-4 helicopters can land on a rover type platform that transports the helicopter to a lower deck would be something I have thought a lot about. The rover would clear the landed aircraft and a new rover would take its place for the next landing.
  • @shmookins
    Things are progressing so fast I can't even imagine the world in 2050.
  • @temprd
    The use case constantly being touted for this aircraft is lower Manhattan to EWR. Just take the PATH. And if you really hate transferring in Newark, demand your representatives extend the PATH to EWR like they said they’d do 50 years ago.
  • @haihengh
    a typical helicopter has range of 300-400 miles, the electric one is not going to have this kind of range. for the short range it makes sense, but for longer range like 200+ miles, not going to make much sense, the battery is just not going to have that energy density.
  • The main helicopter market segments are business aviation, EMS and law enforcement, where payload, range and speed are key, so a hundred helicopter airshuttles in each of the 35 or so global metropolises is not going to disrupt the light helicopter market. Remembered also that when Continental Airlines, merged into United, offered $49, and even free, Manhattan Newark flights from 2006 to 2009 to business class pax. Most prefered to take a longer limo ride and use the travel time productively.
  • @alankohn6709
    My problem is that a lot of these designs have pretty small lift capacity so a bit of luggage and a couple of larger people and they are overloaded and like all EV's charge time a couple of trips and you're down for several hours recharging. Also too many of these companies are leverage future success on higher capacity batteries and a lot of the new break throughs are in manufacture, material and disposal.
  • @TheLPRnetwork
    The amount of CGI clips is suspicious, but happy there are plenty of real clips. The design however, is the most suspicious of all
  • @aerialdarkguy
    It will definitely lower the barrier of entry into aviation and attract more interest in the field by lowering costs and could help especially with emergency services. I'm skeptical on the mass transit claims though beyond certain preexisting flight routes/taxi services they could muscle into. Ultimately infra and battery improvements will be the key factors.
  • @Re_RAM
    If this sector grows as they predict, how do they plan to avoid congestion in the skies? It's not clear what problem they're solving for with all this investment, would've been great to see a mass transit eVTOL solution.
  • @ArnaudJoakim
    eVTOLs are very cool! Looking forward to seeing those flying around!