That's not just bad news for the eVTOL company, but also awful timing. It comes on the heels of the US FAA issuing new regulations governing "power-lift" (aka VTOL) aircraft earlier this week.

BARCELONA—Anticipating more than $1 billion in services and operations revenue for its electric vertical-takeoff-and-landing (eVTOL) aircraft, Eve Air Mobility has launched a new aftermarket ...

In essence, the powered lift category describes the numerous electric vertical take-off and landing (eVTOL) craft that have been hogging the news agenda over recent years, with the likes of ...

eVTOL aircraft are powered by electricity and take off and land vertically, like helicopters. Once airborne, eVTOL aircraft use tilt rotors which transition into forward flight mode, like fixed ...