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International Business Times
International Business Times
Business
AFP News

SHOCKING: Us regulator finalizes air taxi rules - You Need To See This

German startup Volocopter is among the companies working in the burgeoning 'electric vertical take-off and landing' (eVTOL) sector (Credit: AFP)

US regulators on Tuesday finalized regulations for "powered lift" vehicles, opening the door for commercial air taxis.

The rules apply to aircraft which "have the characteristics of both airplanes and helicopters," the Federal Aviation Administration said in a statement, and come as several companies explore lower-cost, electric-powered air transit.

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