Australia's Accelerating eVTOL Flying Car
From Downunder, Alauda Aeronautics Source: Alauda Alauda's Airspeeder Completes 250 Successful Flights Electric vertical takeoff and landing vehicles (eVTOLs) are a big, global, growth industry. Morgan Stanley estimates the market will be worth $1.5 trillion by 2040. A major industry player, Alauda Aeronautics, is emerging from Downunder in Adelaide, Southern Australia. The company has just marked the 250th successful flight of its eVTOL Airspeeder. And the company is helping to develop new technological breakthroughs for eVTOLs by establishing a competitive, global racing league for eVTOL/flying cars. The concept is to foster and incubate innovation the way race car development has fostered breakthrough technologies for the automotive industry. Alauda says it is racing to deliver a revolution in personal air mobility so that everyone will have a flying car. Off to the Races Alauda is building the eVTOL racers for upcom