eVTOL Stocks: Electric Air Taxi and Advanced Air Mobility Companies

Joby Aviation is developing a piloted, all-electric eVTOL aircraft for air-taxi service. It is preparing early operations in Dubai and under the US eVTOL Integration Pilot Program while continuing FAA type certification. Toyota is a strategic investor and manufacturing partner and Delta is a commercial partner. Joby now reports some revenue from Blade and other services, but its air-taxi business has not yet reached scaled commercial passenger operations.

BETA Technologies develops the ALIA CTOL (CX300) conventional-takeoff electric aircraft and the ALIA VTOL (A250), along with electric propulsion systems and charging infrastructure. Its Class A shares began trading on the NYSE on 4 November 2025. Its backlog spans cargo, medical and passenger operators and includes both firm orders and options. GE Aerospace made a $300 million strategic equity investment and is co-developing a hybrid-electric turbogenerator with BETA.

Archer Aviation is developing Midnight, a piloted eVTOL designed for a pilot and up to four passengers, with a stated range of up to 100 miles on shorter routes. In March 2026 Archer reported final FAA acceptance of 100% of Midnight's Means of Compliance, which it said made it the first eVTOL developer to reach that milestone, and it has since reported closing Phase 3 of type certification while continuing Phase 4 work. Stellantis is an investor and manufacturing partner and United Airlines is a commercial partner.

Eve Air Mobility is an Embraer-backed developer of a lift-and-cruise eVTOL aircraft plus a broader urban air mobility ecosystem, including TechCare services and the Vector air-traffic-management platform. It completed the first flight of its uncrewed full-scale prototype in December 2025 and continued flight testing through 2026. Eve remains pre-operational and does not expect meaningful revenue during the aircraft-development phase.

EHang develops and sells pilotless eVTOL aircraft led by the two-seat EH216-S. In China the EH216-S holds CAAC type, production and standard airworthiness certificates, and operators partnered with EHang hold the first Air Operator Certificates for human-carrying pilotless flights. EHang's Q1 2026 update described routine internal trial commercial operations while further steps are completed before public ticketed service. Unlike most peers, EHang already generates revenue from aircraft sales and related aerial-mobility activities.

Vertical Aerospace is a UK-headquartered developer of Valo, a piloted all-electric aircraft designed for four to six passengers. Valo is the intended certification and commercial aircraft and succeeds the VX4 prototype, so the two names are not interchangeable. Vertical is using its VX4 flight-test fleet to advance systems and certification work, and is targeting Valo certification with the UK CAA and EASA in 2028.

New Horizon Aircraft, trading as Horizon Aircraft, is a Canadian developer of the hybrid-electric Cavorite X7 regional VTOL aircraft, designed for seven occupants (six passengers and one pilot). It has completed flight testing of a 50 percent-scale prototype and is building a full-scale demonstrator it expects to begin flight testing in 2027. It is a microcap, development-stage company.