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0.00097181729834789 0 -0.000971817298348062 -0.00485908649173962 -0.0184645286686104 -0.0349854227405249 -0.0204081632653062 -0.0233236151603499
Stock impact report

Flying taxis are ‘just a few steps from the finish line' [Fortune]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Fortune
fantasizing about flying cars that could whisk him to his destination in a matter of minutes. As CEO of Joby Aviation, Bevirt is getting closer to turning his boyhood flights of fancy into a dream come true as he and latter-day versions of the Wright Brothers launch a new class of electric-powered aircraft vying to become taxis in the sky. The aircraft — known as “electric vertical take-off and landing vehicle, or eVTOL — lift off the ground like a helicopter before flying at speeds up to 200 miles per hour (322 kilometers per hour) with a range of about 100 miles (161 kilometers). And these craft do it without filling the air with excessive noise caused by fuel-powered helicopters and small airplanes. “We are just a few steps from the finish line. We want to turn what are now one- and two-hour trips into five-minute trips,” Bevirt, 51, told The Associated Press before a Joby air taxi took off on a test flight in Marina, California — located about 40 miles south from where he gr Show less Read more
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