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Flying cars once felt like science fiction and Jetsonian daydreams, but now it is a high-stakes race to reshape urban travel. With the air taxi market eyeing a $14 billion valuation by 2032, next-gen batteries are giving the electric vertical takeoff and landing (eVTOL) industry the boost it needs.
While names like Joby Aviation, Inc. (JOBY) and Lilium (LILMF) are proving that flying cars are anything but fantasy, Archer Aviation Inc. (ACHR) has quietly climbed the ranks, and has now earned a spotlight that few others can claim – becoming the Official Air Taxi Provider of the 2028 Los Angeles Olympic and Paralympic Games. Its Midnight eVTOLs are set to ferry VIPs above L.A.’s traffic-choked streets, linking electrified vertiports across key venues, supporting security ops, and redefining how fans arrive at the biggest sporting stage in the world.