Where Will Archer Aviation Stock Be in 5 Years?

We are in an exciting period of innovation in the transportation industry as electric batteries improve and companies find new use cases for the technology. Archer Aviation (NYSE: ACHR) is particularly exciting because of its ambitious plan to pioneer electric vertical takeoff and landing vehicles (eVTOLs) in the U.S. and other countries. Let's dig deeper to understand what the next five years might have in store. EVTOLs are small electric battery-powered aircraft capable of vertical liftoff, landing, and hovering just like a traditional helicopter. The difference is that eVTOLs are quiet, clean, and capable of operating in dense urban environments, making them a potential alternative to taxis on short-haul routes: Think airport to airport or medical transport.Wall Street is optimistic, with analysts at Morgan Stanley projecting that the market for "next-generation flights" could be worth $1 trillion by 2040.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool