Volocopter releases second white paper on urban air mobility, says strong partnerships vital for introducing air taxi services into cities
Volocopter has published a white paper which outlines what it thinks is needed to operate the entire urban air mobility ecosystem, saying strong partnerships will be pivotal for the introduction of air taxi services and setting a precedent for future city operations.
Entitled ‘The Roadmap to Scalable Urban Air Mobility’, this is the second white paper by the eVTOL aircraft developer, which believes the total addressable urban air mobility market will be worth €11.3 trillion, with a market potential of €241 billion by 2035. Volocopter’s first white paper was published in 2019.
The company also directly confronts the current challenges facing the industry, with solutions focused on a holistic partnership approach for introducing this next dimension of mobility. Additionally, it gives an overview of what urban air mobility is, what progress has been made and how Volocopter plans to implement its services in cities like Singapore and Paris with a scalable business approach.
Volocopter has outlined its intention to launch the first air taxi services in Singapore by 2023, with the first route expected to be a tourist route offering views across Marina Bay. Volocopter is also the first industrial partner for Paris Region’s Urban Air Mobility project, and will test its VoloCity eVTOL air taxi in the French capital next year.
Florian Reuter, CEO of Volocopter, said: “Volocopter is leading the pack for implementing urban air mobility internationally. With our VoloCity and chosen go-to-market approach, we can fit into the existing ecosystem well enough to get started in the next 2–3 years.
“However, in order to subsequently scale our operations in a safe and efficient manner and offer a fantastic experience to our customers, we need to establish a comprehensive and integrated UAM ecosystem. This is what we are doing together with our partners.”
The white paper addresses a host of key topics from the industry. As well as the air taxi vehicle, other areas include customer service offering, air operations, city integration and institutional and public acceptance.
Other main points include:
- More than half of the market potential lies in passenger mobility i.e. VoloCity eVTOL, and the rest is covered by logistic-type, cargo services
- The most successful approach will put the customers first in all critical areas including safety, infrastructure, aircraft design, air operations, city integration, and acceptance
- Digitalisation and autonomous flight will help decrease prices for air taxi services in the long-term
Volocopter has said it expects the largest market share to be short distance flights in the inner city — from airports to city centres and business districts. With a range of about 22 miles (35km), it says the VoloCity eVTOL air taxi will be able to serve the majority of cities across the world.
To put this into context, the cities of New York, Paris, London, Tokyo, Shanghai, Beijing, Sao Paulo and Mumbai span less than 30km or 19 miles from the city centres. Additionally 93 per cent of international airports serving cities are within 30km of the city.
At an average speed of 50–60 miles per hour, an eVTOL air taxi trip from New York’s JFK Airport to Times Square would take just 20 minutes — as opposed to nearly 45 minutes by taxi.
Volocopter continues to make great strides in the eVTOL aircraft market and recently raised €200 million in Series D Funding, which will be used to certify its VoloCity air taxi. It is currently the only company with Design Organisation Approval by the European Union Safety Agency (EASA) and looking to achieve concurrent certification from both EASA and the FAA. The latter accepted its application for Type Certificate validation in January.
Away from its eVTOL aircraft, Volocopter is working with Lufthansa Industry Solutions to develop its VoloIQ software platform. It uses artificial intelligence and has been designed to enable global scale air taxi operations, seamless customer service – such as simple booking – and integration with existing mobility providers and new services.
To download and read the white paper, click here.