\nStory By Joe Macey<\/strong><\/p>\n
TCab Tech has raised an additional $20 million in its Series A financing for development of the company\u2019s flying taxi.\u00a0<\/strong><\/p>\n The exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi application in the Middle East region.<\/p>\n With this financing, TCab Tech intends to accelerate progress on the E20 eVTOL aircraft and airworthiness certification goals and ultimately, commercialization of the E20.<\/p>\n TCab passenger-carrying E20 is a tilt-rotor configuration, 5-seater, equipped with six rotors, four tilt and two lift, and a high gull-wing with a conventional tail plane design. The eVTOL has a maximum range of 200km, and a cruising speed of 260km\/hour. It is most efficient for commuting between 30\u2013150km.<\/p>\n TCab Tech believes that there are strong demands for the E20 eVTOL in the Middle East, Southeast Asia, and the \u201cBelt and Road\u201d regions because these fast-developing regions would benefit from integrating air-taxi into their transportation infrastructure for aerial-sightseeing and inter-city travel.<\/p>\n ... notatki od SP <\/p>\n <\/p>\n Tags: #EVHNews, #TCab, #eVTOL, #Funding, #Taxi, #air-taxi<\/p>","protected":false},"excerpt":{"rendered":" TCab Tech intends to accelerate the development of its E20 5-seater eVTOL, which has 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