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This is one of the primary reasons I've bought into the eVTOL revolution. I'm also skeptical about these filling city skies, due to safety, noise pollution, etc
by jlmorton 4y ago
This is one of the primary reasons I've bought into the eVTOL revolution. I'm also skeptical about these filling city skies, due to safety, noise pollution, etc. But the market for emergency and special purpose vehicles alone is enormous.
The US market size for existing _air_ ambulances is itself $4.5 billion dollars annually. The market size for standard ambulances is nearly 10x that.
When you expand this to the rest of the world, you can easily see a 100+ billion market for these sorts of vehicles, whether in ambulance services, firefighting, agricultural, or any number of other activities.
It's still possible we develop near-to-city eVTOL airport systems for short distance travel. But even absent that, I still think there's a big market opportunity.