Electric vertical take-off and landing (eVTOL) aircraft, often referred to as 'air taxis' or 'flying taxis', and are expected to provide significant time savings in densely populated cities compared to ground travel, explains Morgans.
The broker believes air taxi travel may not be far away, and while production ramp-up remains uncertain,
At recent 1H results, the company noted involvement with a number of eVTOL companies and said
The Add rating and
Sector: Automobiles & Components.
Target price is
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