The flying car market, or electric vertical takeoff and landing (eVTOL) sector, is anticipated to revolutionize urban transportation by enabling vehicles to operate both on roads and in mid-air, which could alleviate congestion and offer sustainable mobility solutions. Recent research projects that the market will grow significantly from a value of USD 264.5 billion in 2025 to USD 6.56 trillion by 2034, fueled by advancements in battery technology, electric propulsion, and autonomous flight systems. Developments in regulatory frameworks, as well as strategic partnerships among eVTOL manufacturers, battery suppliers, and infrastructure developers, are paving the way for commercialization. Expanded pilot programs and successful test flights are also enhancing the operational feasibility of these airborne vehicles.
Elsewhere in the market, Bosch was a standout up 5.9% and ending trading at ₹34,388.50. In the meantime, Sungrow Power Supply lagged, down 3% to end the day at CN¥67.70.
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Tesla finished flat at, $315.35. Two days ago, the company reported second-quarter 2025 production of 410,244 vehicles and deployment of 9.6 GWh of energy storage.
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BYD settled at HK$121.50 down 1.2%. The company announced on 2 July that it will take over direct distribution in Sweden to support long-term growth in Europe.
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