Is Archer Aviation a Once-in-a-Decade Buying Opportunity in 2025?

According to third-party estimates, the average driver in the United States spends 54 hours a year stuck in traffic. Multiplied by 243 million total drivers, that is 13 billion cumulative hours spent in traffic every year in the United States. Globally, the figure is likely over 100 billion hours. Time, money, and quality of life are lost by sitting in your car stuck on the road. What if there were a company aiming to help solve this issue? That is the goal of Archer Aviation (NYSE: ACHR) and other electric vertical takeoff taxi (eVTOL) companies. With an innovative product and clear goal (to help solve the traffic issue), there is a lot of potential for these new air taxi companies. Does that make Archer Aviation a once-in-a-decade buying opportunity in 2025?An eVTOL is an innovative vehicle type that is similar to a helicopter but with some major improvements. First, eVTOLs are much quieter than helicopters, making them easier to tolerate in neighborhoods and cities. Second, they are fully electric, utilizing tilt-propeller technology to make them cleaner and more energy-efficient.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool