Eve is collaborating with MIT to make data-driven decisions to build the urban air mobility market

Eve is collaborating with MIT to make data-driven decisions to build the urban air mobility market

Study shows that air commuting will be time-saving, cheaper, and shall occur in a very near future

It might not have happened as expected, but the time for assistant robots and flying vehicles has come. And 50 years sooner than “The Jetsons” predicted. 

The 2020’s urban air mobility era might look a little different than the one portrayed by the TV show, though. 

A recent MIT paper made in collaboration with EVE showed that, currently, there is a market demand for air commuting, and people are expected to use over ground transportation for specific trips, such as going to the airport or trying to save time going to work. Also, we are not far from using these services for other needs, like tourism or sightseeing. 

It might sound dystopian, but it’s just air commuting. “It’s like any commercial flight, but within a city airspace”, says Andre Stein, EVE’s CEO. 

For the time being, people seem to pursue convenience and time savings. And they are willing to use over ground transportation because it’s faster, more sustainable and it will become cheap over time.

Compared to ground-based vehicles, urban air commuters don’t need to take detours or change routes, once they overfly natural and built obstacles. Therefore, early adopters and potential customers for overground transportation will likely be metropolitan area commuters.

With a recurring pattern, those passengers are always trying to avoid rush hour and heavy traffic, which suggests that roundtrips are more likely to happen during the mornings and in the evenings.

More market share than you think

The MIT report suggests a robust scenario in terms of demand and revenue. The case study focused in Los Angeles, where the market combined statistical area was first estimated at 7,100 daily round trips, with 20 vertiports over the city. Ideally, round trips would increase to 12,900 if the number of vertiports also grows (from 20 to 50).

Also, research conducted by EVE showed that 89% of consumers would use an air mobility vehicle if they could -48% would do it every month, 28% said they would do it at least once a week and 13% answered that they would fly almost every day. 

Cheaper than you think

Urban air mobility will be cheaper than one might expect. The MIT report calculated that, at first, a flight will be approximately US$ 3.56 to US$ 3.88 per passenger-kilometer, but costs may decrease according to the market’s demand. They are also more sustainable, being able to hold 4 passengers at a time. 

The study estimates that the price range can go as low as between a range of US$1.14 and U$1.55 per passenger-kilometer, which means cheaper than a Los Angeles taxi fare nowadays. 

That means that, once priced on par with ground transportation, over ground vehicles will be widely available to all consumers, democratizing air travel and commuting in general. 

Learn more about the future of air mobility by accessing the MIT paper.

News
Eve Air Mobility and Siemens Energize U.S. Advanced Air Mobility Industry
23 Jul, 2024

Eve Air Mobility and Siemens Energize U.S. Advanced Air Mobility Industry

Learn more
Eve Names Suppliers for eVTOL Interior and Power Distribution System
21 Jul, 2024

Eve Names Suppliers for eVTOL Interior and Power Distribution System

Learn more
Eve Air Mobility Unveils First Full-Scale eVTOL Prototype
21 Jul, 2024

Eve Air Mobility Unveils First Full-Scale eVTOL Prototype

Learn more
Eve Air Mobility Announces $94M New Equity to Support eVTOL Development
01 Jul, 2024

Eve Air Mobility Announces $94M New Equity to Support eVTOL Development

Learn more
Eve Names Suppliers for eVTOL Windows, Doors, and Fuselage Components
05 Jun, 2024

Eve Names Suppliers for eVTOL Windows, Doors, and Fuselage Components

Learn more
Eve Air Mobility and Saudia Technic Sign MOA to Explore MRO Activities and eVTOL Reassembly in Saudi Arabia
21 May, 2024

Eve Air Mobility and Saudia Technic Sign MOA to Explore MRO Activities and eVTOL Reassembly in Saudi Arabia

Learn more
Eve Air Mobility Unveils Teaser Video of First eVTOL
07 May, 2024

Eve Air Mobility Unveils Teaser Video of First eVTOL

Learn more
Eve Air Mobility Named a Member of Japan’s Advanced Air Mobility Public-Private Committee
30 Apr, 2024

Eve Air Mobility Named a Member of Japan’s Advanced Air Mobility Public-Private Committee

Learn more
Eve Air Mobility and AirX Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support, and Urban ATM Software
17 Apr, 2024

Eve Air Mobility and AirX Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support, and Urban ATM Software

Learn more
Eve Air Mobility Names KAI as Supplier for eVTOL Pylons
14 Apr, 2024

Eve Air Mobility Names KAI as Supplier for eVTOL Pylons

Learn more
Eve Air Mobility Presents Vector and Provides  Updates on the Urban ATM Software Development  
19 Mar, 2024

Eve Air Mobility Presents Vector and Provides  Updates on the Urban ATM Software Development  

Learn more
Eve Air Mobility to Host eVTOL Panel at SXSW 2024
11 Mar, 2024

Eve Air Mobility to Host eVTOL Panel at SXSW 2024

Learn more
Eve Reports  Fourth Quarter & FY 2023 Results 
07 Mar, 2024

Eve Reports  Fourth Quarter & FY 2023 Results 

Learn more
Eve Air Mobility Names Suppliers for Wings and Pilot Controls
19 Feb, 2024

Eve Air Mobility Names Suppliers for Wings and Pilot Controls

Learn more
Eve Air Mobility and SkyScape Announce First Urban ATM Agreement in Japan
19 Feb, 2024

Eve Air Mobility and SkyScape Announce First Urban ATM Agreement in Japan

Learn more
Eve Air Mobility and Yugo Sign Memorandum of Understanding to Study Potential for Urban Air Mobility Operations in Southeast Asia
18 Feb, 2024

Eve Air Mobility and Yugo Sign Memorandum of Understanding to Study Potential for Urban Air Mobility Operations in Southeast Asia

Learn more
Eve Air Mobility to Make Debut at Singapore Air Show
16 Feb, 2024

Eve Air Mobility to Make Debut at Singapore Air Show

Learn more
Eve announces Antonio João Carmesini Barcellos as Vice President of Industrialization 
06 Feb, 2024

Eve announces Antonio João Carmesini Barcellos as Vice President of Industrialization 

Learn more