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eVTOL Stocks: Listed Electric Aircraft Developers

This list covers publicly traded companies developing electric vertical takeoff and landing aircraft, including battery-electric air taxis and hybrid-electric regional designs.

7 CompaniesCombined Mkt Cap: $16BMarket data updated: September 19, 2026

At a glance

  • EHang is the only company here with a certified aircraft: the CAAC approved the pilotless two-seat EH216-S in China, and operators at Guangzhou and Hefei fly trial services under their own operating certificates. Every other design on this page is still in certification.
  • Almost all the revenue behind these market capitalizations comes from something other than electric passenger flight — helicopter charter at Joby, airport services at Archer, formation drones and aerial media at EHang, defense work and conventional-takeoff cargo aircraft at BETA. The propulsion label in the table describes the aircraft portfolio, not the income statement.

Companies in this list

Start with a company. Open its profile to research further.

USD

7 companies
eVTOL Stocks — companies, propulsion and market capitalization in USD. Open a company profile for its complete description and sources.
Company Propulsion Expand

JOBYNYSE 🇺🇸
Battery-electric Hybrid-electric
Battery-electric Hybrid-electric
$6.1B
Joby Aviation
HQ: 🇺🇸 United States Propulsion: Battery-electric Hybrid-electric
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Joby Aviation develops a piloted battery-electric aircraft for air-taxi services and plans to both operate aircraft and sell them to customers. Its Blade business provides conventional helicopter passenger services in the United States and Europe. Toyota supports aircraft manufacturing, while Delta is a commercial partner. Joby is pursuing FAA type certification and preparing early operations in Dubai and the United States. It also develops hybrid-electric aircraft and autonomy for defense applications. In August 2026, Joby announced an agreement to acquire Resonant Sciences, a defense technology business. The transaction is subject to regulatory approvals and other closing conditions.

NYSE

$6.1B

Battery-electric Hybrid-electric

BETANYSE 🇺🇸
Battery-electric Hybrid-electric
Battery-electric Hybrid-electric
$4.9B
BETA Technologies
HQ: 🇺🇸 United States Propulsion: Battery-electric Hybrid-electric
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BETA Technologies develops the ALIA CX300 conventional-takeoff electric aircraft and the ALIA A250 vertical-takeoff design, alongside propulsion systems, flight-control technology and aircraft charging infrastructure. It serves civil and government customers in cargo, medical transport and passenger aviation. Early electric organ-transport operations use its conventional-takeoff aircraft under the US eIPP program. BETA is also developing the MV250 hybrid-electric autonomous aircraft and works with GE Aerospace on hybrid-electric propulsion. Aircraft orders include firm commitments and options with different contractual conditions. Its NYSE-listed security is Class A common stock.

NYSE

$4.9B

Battery-electric Hybrid-electric

ACHRNYSE 🇺🇸
Battery-electric Hybrid-electric
Battery-electric Hybrid-electric
$4.1B
Archer Aviation
HQ: 🇺🇸 United States Propulsion: Battery-electric Hybrid-electric
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Archer Aviation develops Midnight, a piloted battery-electric air taxi designed for a pilot and four passengers. Its commercial strategy combines aircraft sales with planned air-taxi operations, supported by relationships with Stellantis and United Airlines. Midnight remains in FAA certification and flight testing. Archer also develops hybrid-electric aircraft for defense with Anduril and earns revenue from airport services at Hawthorne. In August 2026 it announced a transaction to acquire Boeing’s Wisk, Insitu and SkyGrid businesses and related technology. That transaction remains subject to closing conditions and would broaden Archer’s autonomous-aircraft and aviation-software activities.

NYSE

$4.1B

Battery-electric Hybrid-electric

EVEXNYSE 🇺🇸
Battery-electric
Battery-electric
$711M
Eve Air Mobility
HQ: 🇺🇸 United States Propulsion: Battery-electric
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Eve Holding, trading as Eve Air Mobility, is an Embraer-controlled developer of a battery-electric lift-and-cruise aircraft for urban passenger transport. The US-listed holding company combines the aircraft program with TechCare support services and the Vector air-traffic-management platform. Aircraft development and testing take place in Brazil with support from Embraer. Its full-scale engineering prototype is in flight testing, including partial transition from vertical flight toward wing-borne flight. Eve remains pre-operational while developing and certifying the aircraft. Its shares provide exposure to Eve’s business; Embraer’s other aircraft businesses sit outside this listed company.

NYSE

$711M

Battery-electric

EHNASDAQ 🇨🇳
Battery-electric
Battery-electric
$347M
EHang Holdings
HQ: 🇨🇳 China Propulsion: Battery-electric
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EHang Holdings is a China-based developer and seller of pilotless electric aircraft, led by the two-seat EH216-S. Its activities also include longer-range aircraft development, logistics and firefighting applications, formation drones and aerial-media services. In China, the EH216-S design and production system have received CAAC approvals, while individual aircraft receive airworthiness certificates. Operators at Guangzhou and Hefei hold operating certificates and conduct trial operations. Broader passenger commercial-service approvals remain uncertain. The Nasdaq-listed security is an American depositary share representing two Class A ordinary shares in the Cayman-incorporated holding company.

NASDAQ

$347M

Battery-electric

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HOVRNASDAQ 🇨🇦
Hybrid-electric
Hybrid-electric
$111M
New Horizon Aircraft
HQ: 🇨🇦 Canada Propulsion: Hybrid-electric
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New Horizon Aircraft, trading as Horizon Aircraft, is a Canadian aircraft developer whose operating subsidiary is Robinson Aircraft. Its Cavorite X7 is a hybrid-electric regional aircraft designed for a pilot and six passengers. Fans within the wings provide vertical lift, while the wings support conventional forward flight during most of the mission. Target markets include passenger transport, medical services, cargo and defense. The company is assembling a full-scale demonstrator following testing of a smaller prototype and targets initial full-scale testing in the first quarter of 2027. Aircraft production and customer deliveries depend on further development and certification.

NASDAQ

$111M

Hybrid-electric

EVTLNYSE 🇬🇧
Battery-electric Hybrid-electric
Battery-electric Hybrid-electric
$107M
Vertical Aerospace
HQ: 🇬🇧 United Kingdom Propulsion: Battery-electric Hybrid-electric
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Vertical Aerospace is a UK-headquartered aircraft developer listed on the NYSE as EVTL. Its Valo battery-electric air taxi is designed for a pilot and four passengers, with a hybrid-electric variant under development for longer-range commercial and defense missions. The company combines its own battery and propeller technology with systems supplied by aerospace partners. VX4 prototypes support flight testing for the Valo program. In July 2026, Vertical set a 2029 certification target. It is developing aircraft assembly and battery facilities in the UK. Commercial deliveries depend on certification, manufacturing readiness and continued funding.

NYSE

$107M

Battery-electric Hybrid-electric

eVTOL Stocks — Investor FAQ

eVTOL stocks are shares in companies developing electric vertical takeoff and landing aircraft. This selection also includes closely related electric-aircraft developers. It covers battery-electric and hybrid-electric designs for passenger transport and other aviation markets. The companies vary in their development stage, operating businesses and regulatory approvals.
This list covers Joby Aviation (JOBY), BETA Technologies (BETA), Archer Aviation (ACHR), Eve Air Mobility (EVEX), EHang Holdings (EH), New Horizon Aircraft (HOVR) and Vertical Aerospace (EVTL). The selection focuses on aircraft developers. Diversified parent companies can provide indirect exposure: Embraer controls Eve, for example. BETA also develops conventional-takeoff aircraft, and several companies have systems, defense or conventional aviation businesses.
Battery-electric aircraft use batteries, electric motors and power electronics. Hybrid-electric aircraft also carry a fuel-powered source of energy. Emissions comparisons depend on electricity generation, fuel use, passenger occupancy, distance, manufacturing and the transport displaced. Battery-electric propulsion eliminates exhaust emissions in flight, but it does not make an aircraft’s full life cycle emissions-free.
These companies require substantial spending on aircraft development, certification and production. Their current revenues may come from conventional aviation, systems or other activities rather than electric passenger flights. Investment outcomes depend on the business purchased, its funding needs, share dilution and eventual operating economics. Market capitalization measures equity value, not available cash. Inclusion on this page is not an investment recommendation.
There is no single launch date. EHang’s August 2026 update described trial operations in China and uncertainty over broader passenger commercial-service approvals. Joby is preparing early operations in Dubai and through the US eIPP program; Archer is pursuing early operations in the UAE and the United States. These plans and limited operating pathways are distinct from scaled passenger service under standard aircraft and operator approvals. Certification targets are company expectations and can change.
Key risks include certification delays, unsuccessful testing, safety events, funding shortfalls, dilution, manufacturing problems and uncertain demand. Customer announcements can include options and non-binding letters of intent. Even signed purchase agreements may depend on certification and other conditions. Cash needs should be assessed against unrestricted liquidity, expected spending and the conditions attached to any financing facilities.

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Key Terms
Full Glossary →

Electric vertical takeoff and landing aircraft. An eVTOL uses electric motors for vertical flight; its onboard energy may come entirely from batteries or from a hybrid-electric system with fuel-powered generation. Many designs use several propulsors, but that is a common architecture rather than part of the basic definition. Lower noise, emissions and operating cost are design goals that depend on the aircraft and mission, not guaranteed outcomes.
An umbrella term for new air-transport systems that move people or cargo using advanced aircraft and supporting infrastructure. The FAA describes AAM as including new powered-lift aircraft, many of which are eVTOLs, though the category can also cover other propulsion and automation approaches. Urban Air Mobility (UAM) is the city-focused subset.
A regulator’s approval that an aircraft type design meets its applicable certification requirements. This differs from approval of a production system and an airworthiness certificate for an individual aircraft. A standard airworthiness certificate concerns conformity to an approved design and condition for safe operation; pilots, operators and flights must also meet the rules that apply to them. Experimental and other specifically authorised flights can occur before type certification.
The tests, analyses, inspections and other methods a manufacturer agrees with its regulator to show that an aircraft design meets each requirement in its certification basis. Acceptance of the means sets the compliance roadmap; it does not by itself mean the aircraft has passed those tests or earned a type certificate.
A site on land, water or a structure used for the takeoff, landing, taxiing, parking or storage of powered-lift aircraft such as eVTOLs. A vertiport may add passenger, charging or other support facilities, but those are not part of the core regulatory definition.
A test aircraft or component inspected and shown to conform to the design data used for certification testing, which lets a regulator credit eligible test results toward certification. It is not necessarily identical to the final approved type design, because certification testing can still drive design changes.
An estimate of how long a company can fund its activities using available unrestricted cash and funding it can actually draw, at an assumed rate of spending. A simple cash-divided-by-burn calculation is only a scenario: spending, cash receipts and access to funding can change. Conditional commitments, restricted cash and unexercised financing options should not be treated as cash already available.
A regulatory aircraft category for craft that use engine-driven lift or thrust for vertical or low-speed flight and non-rotating wings for horizontal flight. Most piloted passenger eVTOLs pursuing FAA approval are being certified in the powered-lift category.
A firm aircraft order is a purchase agreement whose obligations can still depend on certification, delivery dates and other contract conditions. An option gives a customer a right to buy additional aircraft without committing to the full purchase; option fees may apply. A letter of intent records proposed terms or interest and is usually non-binding as to the purchase, although individual provisions can be binding. These categories should be reported separately.
A production certificate approves a manufacturer’s production system for producing aircraft that conform to an approved design. A standard airworthiness certificate applies to an individual aircraft and concerns conformity and condition for safe operation. Neither replaces applicable operating approvals. For the EH216-S, design and production approvals are separate from the airworthiness certificates issued for individual aircraft.
The US eVTOL Integration Pilot Program supports selected early advanced-aircraft operations under specific FAA authorisations. Projects can involve electric, hybrid-electric and other advanced aircraft. Participation does not itself grant type certification or unrestricted commercial operating approval.