Trump’s Transportation Secretary Sean Duffy just unveiled a plan to fast-track Advanced Air Mobility Vehicles – otherwise known as “flying cars.”

The surprising part? Almost nobody is talking about it.

This technology could completely reshape transportation.

• It could bring new connectivity to rural towns.

• It could ease traffic in crowded cities.

• And it could transform emergency services and medical transport.

Duffy’s plan is called the Electric Vertical Takeoff and Landing Integration Pilot Program.

It builds on President Trump’s executive order to unleash American drone dominance, with the goal of speeding up the rollout of these next-generation vehicles.

And here’s the best part for investors: the leading companies in this industry are still small compared to their potential market size, creating a rare opportunity.

Today, let’s take a closer look at the industry.

What Are eVTOLs?

eVTOL stands for Electric Vertical Takeoff and Landing vehicle.

These are aircraft that use electricity to power their multiple motors, allowing them to take off and land vertically like a helicopter.

eVTOLs aims to provide quieter, cleaner, and more efficient air travel for passengers and cargo in cities. 

The largest companies competing in this space are Joby Aviation (JOBY), Archer Aviation (ACHR), Eve Air Mobility (EVEX), and Wisk Aero (owned by Boeing).

Joby’s aircraft flying over Monterey, California with Salinas in the background. Photo courtesy of Joby Aviation.

How Will This Technology Work?

eVTOLs use electric propulsion to lift off, fly, and land without a runway.

Instead of relying on traditional jet engines, they use multiple small rotors or ducted fans powered by batteries.

These aircraft are being built to cruise at speeds of 100 to 150 miles per hour.

At first, they’ll operate out of designated hubs and function mainly as air taxis.

This is similar to the car industry in the 1890s.

Back then, mass production didn’t exist so the first automobiles were used primarily as taxis.

The same will be true here: limited scale means eVTOLs will start as urban air taxi services.

Over time, as technology advances and noise is reduced even further, the goal is to make them quiet enough to take off and land near homes.

We’ve Talked About Having “Flying Cars” For Decades? Why Now?

What’s different today is leadership and momentum.

Former FAA administrator Billy Nolan left his post to join Archer.

And current FAA chief Mike Whittaker also came from the eVTOL industry.

Regulators who once hesitated are now leaning in.

CEO of Wisk Brian Yutko recently explained the old problem:

“In 2023, airlines flew 30 million flights, carried billions of passengers, and had zero accidents.

Zero.

From the FAA’s perspective, the system wasn’t broken, so why take the risk of approving flying cars?”

But today the mindset is shifting.

President Trump’s administration sees advanced air mobility as both a security and economic priority.

As the White House put it:

“Building a strong and secure domestic drone sector is vital to reducing reliance on foreign sources, strengthening critical supply chains, and ensuring that the benefits of this technology are delivered to the American people.”

This shift is why this time is different.

The people at the top are in favor of this technology, and the FAA’s new program is a big step to fast-track it.

What Makes eVTOLs Better Than Helicopters?

Traditional helicopters rely on a single rotor.

If it fails, the entire aircraft is at risk.

eVTOLs take a different approach, with multiple redundancies like those used in commercial airplanes.

Joby and Archer, for example, each equip their aircraft with six propellers.

Each propeller has its own motor, inverter, and battery pack, making the aircraft much safer.

Noise is another major advantage.

City streets typically have a background noise level around 65 decibels.

Joby is designing its aircraft to stay below that during takeoff and landing, and overhead they aim for just 45 decibels.

For context, garbage trucks run at 80–90 decibels and helicopters or jets reach 100–110 decibels.

Because the motors are smaller and spin slower than traditional aircraft engines, eVTOLs are far quieter, making them more practical for urban skies.

When Will This Be Available to the Public?

The FAA’s new program will allow supervised trials in select U.S. cities starting in 2026.

This builds on the near-daily test flights already underway.

Joby has completed over 600 test flights in 2025, while Archer has surpassed 400.

Wider commercial use is expected overseas first.

Dubai, Saudi Arabia, China, and Singapore are already preparing for full-scale launches.

In the US, we’re likely 2-3 years from seeing these vehicles flying regularly overhead.

The Next Transportation Revolution Is Here

Flying cars are no longer science fiction.

With the FAA fast-tracking trials and experienced leaders shaping the industry, eVTOLs are on the verge of becoming part of everyday life.

The companies leading this space are still small compared to the potential size of the market, which will eventually be massive.

That said, many of these stocks are trading at high valuations relative to their current revenue and scale.

I’m keeping a close eye on them, watching how trials progress and how regulations evolve.

For now, it makes sense to wait for a more attractive entry point before investing.

Stay tuned.