Many companies are working on electric air taxis, including publicly traded stock Archer Aviation (NYSE: ACHR). The start-up is aiming to build a point-to-point taxi network for eVTOL aircraft across the globe,

Archer Aviation, a California-based company, designs, develops, and operates eVTOL aircraft that are used in air mobility. Check out my analysis of ACHR stock.

One of the most exciting new technologies on the stock market these days is electric vertical takeoff and landing (eVTOL) aircraft. Two companies are leading the charge in the development-stage technology: Archer Aviation (NYSE: ACHR) and Joby Aviation.

Electric-powered aircraft maker Archer Aviation (NYSE: ACHR) has captivated investors with the potential to bring air taxis to everyday life and potentially ease traffic congestion that plagues many cities.

Archer Aviation presents an exciting growth opportunity in the eVTOL market. If you're thinking about investing in eVTOL for the first time, read on for the ACHR stock report here.