(NewsNation) — Forget about calling Uber or Lyft for a regular ride; now companies are competing to invest in air taxis. Auto giant Stellantis is the latest, announcing a major investment in air taxis. The maker of Chrysler, Dodge, Jeep and others will mass-produce Archer Aviation’s electric air taxis as part of a $150 million deal. There’s a lot of global competition to put battery-powered air taxis in the sky for short-distance, back-to-back trips from city centers to airports. Air taxis may be few years away, but people are already wondering how much a ride in one will cost.

Source: The Nation January 10, 2023 09:59 UTC