Published on 1 May 2024 on InvestorPlace via Yahoo Finance
Can flying car stocks be the next big thing like electric vehicle (EV) stocks once were? It’s quite possible. Electric vertical takeoff and landing (eVTOL) vehicles or flying cars are set to be a part of the future of urban transportation. In large cities, flying an eVTOL vehicle to certain locations could be even more convenient than taking a car or train. Analysts have already done the numbers crunching on the immense opportunities in the space. Clearly, there’s merit to grabbing some must-buy flying car stocks.
The eVTOL market was $10.9 billion in size in 2022, and market analysts predict this value could very well increase to $24.1 billion in 2024.