Leading Companies in Global eVTOL Aircraft Market 2025

Published Date : 2025-Feb-25

Global Electric Vertical Take-Off and Landing (eVTOL) Aircraft Market is rapidly evolving, driven by advances in urban air mobility (UAM), green energy aviation, and autonomous flying technologies. Several key players are shaping the industry's growth, backed by strong funding, cutting-edge innovation, and strategic partnerships with major airlines and tech firms.

This blog highlights the top eVTOL companies leading the market in 2025, including their company overview, headquarters, founding year, employees, 2024 revenue estimates, and regional market trends.

Joby Aviation, Archer Aviation, Eve Air Mobility, Vertical Aerospace, EHang, Lilium and Textron eAviation.


 

 

Leading Companies in the Market

Joby Aviation

  • Headquarters: Santa Cruz, California, USA
  • Founded: 2009
  • Employees: Approx. 1,500
  • Revenue (2024): Estimated $250+ million
  • Regional Market: Strong presence in North America, expanding into Europe & Asia.

Overview: Joby Aviation is a pioneer in the electric Vertical Take-Off and Landing (eVTOL) industry, focused on developing and commercializing air taxis for urban air mobility. The company aims to revolutionize short-distance travel with fully electric aircraft that offer quiet, sustainable, and efficient transportation.

Joby has been at the forefront of the urban air mobility (UAM) sector, securing major funding and FAA (Federal Aviation Administration) approvals. It has already completed over 1,000 test flights, demonstrating the feasibility of its aircraft for commercial passenger services.

Joby is actively working with the FAA to obtain full certification for passenger flights by 2025. It is among the few companies with a clear pathway to commercialization, making it a top contender in the eVTOL market.

Joby Aviation is well-positioned to transform urban transportation and lead the eVTOL market in the coming years.

 

Archer Aviation

  • Headquarters: San Jose, California, USA
  • Founded: 2020
  • Employees: Approx. 900
  • Revenue (2024): Estimated $150+ million
  • Regional Market: Primarily North America, expanding to Middle East & Europe.

Overview: Archer Aviation is a pioneering eVTOL (electric Vertical Take-Off and Landing) aircraft company, focused on urban air mobility (UAM) solutions. The company is developing an air taxi service that aims to revolutionize city transportation by reducing congestion and travel times while providing a sustainable, zero-emission alternative to ground transport.

Archer’s eVTOL aircraft is designed for short-haul urban travel, targeting key city hubs, airport transfers, and ridesharing networks. The company is rapidly advancing toward FAA certification and plans to begin commercial operations in 2025.

A major competitor to Joby, Archer Aviation focuses on urban air mobility solutions. It has secured partnerships with United Airlines and aims for FAA certification by 2025.

Archer Aviation is set to become a key player in the global eVTOL market, leveraging cutting-edge innovation, strong financial backing, and regulatory progress.

 

Eve Air Mobility

  • Headquarters: São José dos Campos, Brazil
  • Founded: 2020
  • Employees: Approx. 700
  • Revenue (2024): Estimated $120+ million
  • Regional Market: Strong in Latin America, expanding to North America & Europe.

Overview: Eve Air Mobility is a leading eVTOL (electric Vertical Take-Off and Landing) aircraft company, backed by Embraer, one of the world’s largest aircraft manufacturers. Eve focuses on urban air mobility (UAM) solutions, aiming to develop a scalable, safe, and cost-effective eVTOL network for global cities.

With strong support from Embraer’s aviation expertise, Eve is uniquely positioned to integrate eVTOL services into existing air traffic management systems while securing key partnerships for rapid global expansion.

Eve’s eVTOL aircraft is designed to be simple, lightweight, and highly efficient, making it one of the most cost-effective urban air mobility solutions. The company plans to integrate its air taxis into city ridesharing networks, ensuring affordable pricing comparable to ground transport.

Eve Air Mobility is one of the most promising eVTOL companies, focusing on affordability, safety, and large-scale operations to make air taxis a mainstream transportation option worldwide.

 

Vertical Aerospace

  • Headquarters: Bristol, United Kingdom
  • Founded: 2016
  • Employees: Approx. 600
  • Revenue (2024): Estimated $90+ million
  • Regional Market: Strong in Europe & Middle East, expanding into Asia.

Overview: Vertical Aerospace is a UK-based eVTOL (electric Vertical Take-Off and Landing) company focused on developing sustainable air mobility solutions. Founded by Stephen Fitzpatrick, the company aims to revolutionize urban air transport with its flagship eVTOL aircraft, VX4, which promises zero emissions, low noise, and high efficiency.

Vertical Aerospace is recognized for its strong airline and aerospace partnerships, positioning it as one of the leading European eVTOL manufacturers.

The VX4 eVTOL aircraft is designed for urban and regional air transport, targeting airport transfers, intercity routes, and corporate travel. The aircraft is one of the most advanced in Europe, undergoing extensive flight testing and certification processes.

Vertical Aerospace is actively working with UK (CAA), U.S. (FAA), and EU (EASA) regulators to obtain full certification by 2026. The VX4 prototype has completed multiple test flights, bringing it closer to commercial readiness.

Vertical Aerospace is poised to become one of the top eVTOL providers in Europe and beyond, leveraging cutting-edge technology and strong industry collaborations.

 

EHang

  • Headquarters: Guangzhou, China
  • Founded: 2014
  • Employees: Approx. 500
  • Revenue (2024): Estimated $80+ million
  • Regional Market: China & Southeast Asia, expanding into Europe.

Overview: EHang is China’s leading eVTOL (electric Vertical Take-Off and Landing) company, specializing in autonomous air mobility solutions. Unlike many Western competitors focusing on pilot-operated air taxis, EHang is pioneering fully autonomous, self-flying passenger drones, making it a global leader in AI-powered urban air mobility (UAM).

EHang has successfully conducted thousands of test flights and became the first company in China to receive certification for passenger-carrying eVTOL flights. The company’s vision is to build smart cities with air taxis, aerial tourism, emergency medical transport, and logistics services.

The EH216 is designed to transport passengers without a human pilot, making it one of the world’s first fully autonomous eVTOL air taxis. This positions EHang ahead of competitors in terms of self-flying aircraft technology.

EHang is one of the most advanced eVTOL companies globally, leading the way in autonomous air taxis and aerial logistics, particularly in China and Asia.

 

Lilium

  • Headquarters: Munich, Germany
  • Founded: 2015
  • Employees: Approx. 900
  • Revenue (2024): Estimated $100+ million
  • Regional Market: Europe & Middle East, expanding to Asia.

Overview: Lilium is a German eVTOL (electric Vertical Take-Off and Landing) aircraft manufacturer focused on regional air mobility rather than just urban transport. Unlike most eVTOL companies that design short-range air taxis, Lilium’s Lilium Jet is a high-speed, long-range eVTOL aircraft, making it ideal for regional travel between cities.

With its jet-powered design, Lilium aims to create an intercity air transport network that can connect regions faster than high-speed rail or traditional airlines while maintaining zero emissions and quiet operations.

Lilium is actively working with European (EASA) and U.S. (FAA) aviation regulators to achieve certification by 2026. It is among the few eVTOL companies focused on long-range intercity air travel, rather than short-range urban mobility.

Lilium is positioned as a leader in premium eVTOL travel, bridging the gap between traditional aviation and urban air mobility, making regional air travel faster, greener, and more accessible.

 

Textron eAviation

  • Headquarters: Providence, Rhode Island, USA
  • Founded: 1923 (Textron), 2021 (eAviation Division)
  • Employees: Approx. 1,200 (eAviation team)
  • Revenue (2024): Estimated $130+ million
  • Regional Market: Strong in North America & Europe, targeting Australia.

Overview: Textron eAviation is a division of Textron Inc., a major aerospace and defense company known for Cessna, Beechcraft, and Bell Helicopters. Textron entered the eVTOL (electric Vertical Take-Off and Landing) market in 2021, leveraging its deep aviation expertise to develop hybrid and fully electric aircraft for urban and regional air mobility.

Textron eAviation is focusing on sustainable aviation solutions, integrating electric propulsion technology into both urban air mobility (UAM) and regional electric aircraft.

Textron eAviation is positioned to lead both urban air mobility and hybrid-electric regional aviation, bringing its 100-year aerospace expertise into the future of sustainable flight.

 

Beta Technologies

  • Headquarters: Burlington, Vermont, USA
  • Founded: 2017
  • Employees: Approx. 600
  • Revenue (2024): Estimated $60+ million
  • Regional Market: Strong in North America, targeting South America.

Overview: Beta Technologies is a Vermont-based aerospace company focused on electric Vertical Take-Off and Landing (eVTOL) aircraft and electric conventional takeoff aircraft. Unlike many competitors developing urban air taxis, Beta’s focus is on cargo transportation, military applications, and regional air mobility.

Beta is gaining attention for its ALIA-250 eVTOL, which is being tested for logistics, medical transport, and defense applications. The company has secured high-profile customers like UPS and the U.S. Air Force and is actively working toward FAA certification.

Beta Technologies is not just another air taxi company—it is revolutionizing cargo transport, medical logistics, and regional air mobility with its long-range eVTOL solutions.

 

Regional Market Analysis for eVTOL Aircraft (2025)

North America (Strongest Market)
  • Key Players: Joby, Archer, Wisk, Beta Technologies
  • Market Drivers: Strong government funding, airline partnerships, FAA regulations progressing.
Europe (Expanding Market)
  • Key Players: Lilium, Vertical Aerospace, Airbus
  • Market Drivers: EU green aviation goals, urban congestion solutions, growing airline interest.
Asia-Pacific (Fastest-Growing Market)
  • Key Players: EHang, Airbus, Eve Air Mobility
  • Market Drivers: China’s rapid eVTOL adoption, investment in smart city mobility, tourism demand.
Latin America & Middle East (Emerging Markets)
  • Key Players: Eve Air Mobility, Textron, Lilium
  • Market Drivers: Tourism-driven eVTOL demand, air mobility infrastructure investment.

 

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