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| From | Larry Dighera <LDighera@att.net> |
|---|---|
| Newsgroups | rec.aviation.piloting |
| Subject | the U.S. must win the eVTOL race with China |
| Date | 2025-02-25 10:04 -0800 |
| Message-ID | <221srj1vi399fignq68th1hf0nfp8facgf@4ax.com> (permalink) |
https://www.wsj.com/business/airlines/green-air-travel-aviation-industry-trump-906ecb81 In the Trump Era, Flying Green Doesn’t Matter Anymore President’s endorsement has pushed up air-taxi stocks, but development of all types of zero-emission aircraft is falling by the wayside By Jon Sindreu Feb. 21, 2025 7:00 am ET A model of a ZEROe hydrogen fuel cell powered aero engine, developed by Airbus, on display at last year’s VivaTech conference in Paris. Photo: Benjamin Girette/Bloomberg News Though investors’ attention has been focused on the failure of Nikola, the electric-truck maker that briefly had a higher market capitalization than Ford Motor, a similar trend has been quietly playing out in aviation. It was almost yesterday that this industry aimed for a utopian tomorrow of electric and hydrogen aircraft. And, judging by the rally in the stocks of the makers of air taxis—properly called electric vertical takeoff and landing vehicles, or eVTOL—this future is still on the table. Joby Aviation JOBY -3.70% decrease and Archer Aviation ACHR -6.12% decrease, which report earnings next week, are up 48% and 213%, respectively, since the Nov. 5 election. Investors seem to be putting a lot of weight on statements by President Trump and the new transportation secretary, Sean Duffy, arguing that the U.S. must win the eVTOL race with China. ...
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the U.S. must win the eVTOL race with China Larry Dighera <LDighera@att.net> - 2025-02-25 10:04 -0800 Re: the U.S. must win the eVTOL race with China Jim Pennino <jimp@gonzo.specsol.net> - 2025-02-25 11:12 -0800
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