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eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031

Share this article Share this article NEW YORK, March 10, 2021 /PRNewswire/  Electric Vertical Takeoff and Landing (eVTOL) aircraft are capable of vertical takeoff and landing, which is possible through electrification of the lift and thrust provided by automated controls. They are technology enablers for Advanced Aerial Mobility, Urban Aerial Mobility, and Passenger Air Vehicles. In the wake of a green future, these aircraft are emission-free, emit zero noise, safe, affordable, small, precise, fast, quiet, adaptable with most weather conditions, and easy to use and maintain. Across regions, air-taxi services will be the main driver for increasing demand for eVTOL aircraft over the coming years.

eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031

eVTOL Aircraft Market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031
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Aston Martin Lagonda annual losses widen as sales slump; rebalancing nears completion | 25 February 2021

25 February 2021 | 07:51am StockMarketWire.com - Luxury carmaker Aston Martin Lagonda kept its guidance for 2021 unchanged after reporting wider annual losses as sales fell sharply owing to the pandemic impact and an ongoing plan to cut dealer inventory. For the year ended 31 December, pre-tax losses widened to £119.6 million from £466 million, as revenue fell 38% to £611.8 million. Retail sales fell 32% to 4,150 vehicles and wholesales fell 42% to 3,394 vehicles reflecting its action to reduce dealer stock levels and the Covid-19 impact, the company said. The rebalancing process to match supply to demand was expected to be largely completed in Q1 2021. For 2021, the first full year of the plan, the company said it expected to see the first steps towards improved profitability.

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