The Bad PlaceBusiness | Dogfight over California: The ugly battle between electric air taxi leaders Joby and Archer by Caroline Petrow-Cohen
AI generated summary, Read the full article for complete information.
California’s two leading electric‑air‑taxi firms, Joby Aviation and Archer Aviation, are locked in a bitter legal battle even as they race to launch commercial eVTOL services. Joby has sued Archer and a former employee for allegedly stealing confidential technology, while Archer counters that Joby is hiding its dependence on Chinese money and parts and accuses it of fraud. Industry observers say Joby is ahead in development, producing about one aircraft a month and likely to secure FAA passenger certification in time for the 2028 Los Angeles Olympics, whereas Archer is believed to be one to two years behind, still working on pre‑production models. Both companies are courting investors and municipal airports—Archer recently spent over $100 million to acquire Hawthorne Airport—while the broader market is projected to be worth $1.5 trillion by 2040.
#JobyAviation #ArcherAviation #GeorgeKivork #FAA #MorganStanley
