Hyperdrive
Pioneering Electric Plane Needs $200 Million for Final Push
- ‘Alice’ aircraft would carry nine passengers for 650 miles
- Model aims to be first to market among dozens of new designs
The Eviation Alice commuter all electric passenger aircraft prototype sits in a hangar.
Source: Eviation
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A passenger plane in the running to become the aviation industry’s first fully commercial battery-powered model needs about $200 million to bring it to market, according to developer Eviation Aircraft Ltd.
The Israeli company plans to fly a prototype of the “Alice” design at the Paris Air Show in June and to begin building the first production version in the next 2 1/2 years, Chief Executive Officer Omer Bar-Yohay said in an interview. It should sell for $3 million to $5 million.