U

India's Electric Air Taxis Set to Soar by 2026

2023 • 5min • News • Business

Informative

Published On: November 10, 2023 - India will get electric air taxis by 2026. A Memorandum of Understanding (MoU) has been signed between IndiGo's parent company, IGE, and US-based Archer Aviation. The two companies will work on operations, finance, infrastructure, pilots training, and other aspects. Under the partnership, the idea is to finance up to 200 aircraft, named Midnight, which is a piloted, four passenger electric aircraft. However, electric air taxis are subject to regulatory approvals, clearances.