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Benzinga
Benzinga
Business
Surbhi Jain

Archer, Joby Upstaged By Chinese, Brazilian Rivals In Battle For Future Of Flight

eVTOL ai

The electric vertical takeoff and landing (eVTOL) race is shifting fast, and the skies don't look friendly for U.S. hopefuls Joby Aviation Inc (NYSE:JOBY) and Archer Aviation Inc (NYSE:ACHR). Instead, the spotlight is firmly on China's EHang Holdings Ltd (NASDAQ:EH) and Brazil's Eve Holding Inc (NYSE:EVEX), aka Eve Air Mobility, which are emerging as frontrunners in a sector with trillion-dollar ambitions.

EHang's First-Mover Edge

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