ePlane looks to ride the Indian government’s interest in air taxis with new $14M round

Quick Summary:

The startup has also developed technology called synergistic lift, which uses vertical rotors even in forward flight to make wings compact enough.

Most eVTOL vehicles currently are multi-copters similar to commercial drones, including air taxis carrying spokes and vertical rotors.

Soaring private vehicle ownership and declining use of public and non-motorized transport have created mounting traffic congestion in India, the world’s most populous country, which also struggles with relatively narrower roads and inadequate parking facilities in cities.

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Article Details

Author / Journalist: Jagmeet Singh

Category: Technology

Markets: United StatesAustraliaIndiaSingapore

Topics: Air taxi Speciale Invest Transportation EPlane Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 00:30:00 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23577447

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