Archer Aviation, based in the US, and InterGlobe Enterprises, which runs IndiGo, have announced plans to bring an all-electric air cab service to India by 2026.
The goal of the partnership, which is still subject to government approval, is to help meet India's growing need for efficient transport options. India is currently dealing with very bad traffic and pollution in cities. Boeing and United Airlines have backed Archer Aviation, which specialises in electric vertical take-off and landing planes, which are seen as the future of air travel in cities.
The "Midnight" e-aircraft, which can fly up to 100 miles with four people and a pilot, is set to start running in Delhi, Mumbai, and Bengaluru. The businesses stress that the electric air cab service will be "cost-competitive" with services that run on roads. An air cab is thought to take only 7 minutes to make a trip that normally takes 60 to 90 minutes by car in Delhi.
As the parent company of IndiGo, InterGlobe Aviation, InterGlobe Enterprises wants to use the e-aircraft for more than just transporting people. It is planned to use them for goods, logistics, medical, emergency, and charter services, which will have a bigger effect on India's transportation system.
In July, the US Air Force gave Archer Aviation a $142 million deal to provide six Midnight planes. The business said in October that it was going to start an air cab service in the UAE. Archer Aviation's shares went up 1.5% in U.S. premarket trading on Thursday, showing that people were optimistic.
Furthermore, InterGlobe Aviation's shares went up by 0.12% before the important news. Regulatory approvals will have a big impact on the future of electric air taxis in India as the partnership moves forward. These taxis could help solve India's serious urban mobility problems.
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