Currently, last-mile mobility and inter-city travel is a sector that is mostly dominated by electric vehicles and e-scooters. This makes sense since electric vehicles over small distances help reduce harmful emissions and can also help save time by not getting people stuck in traffic. However, with advanced technologies coming into the picture, short-distance air travel is expected to soon become a reality within the next five years.
Volocopter is a German air taxi startup that recently unveiled its plans for a new vehicle called the VoloCity. Now, the company is moving one step closer towards realising its goal of providing air taxi services by raising €50 million in the initial closing of its Series C round of funding. This news comes at the time when Uber has appointed Natalie Malligan as the new head of Uber Air for Australia to get its services off the ground in Melbourne.