Antonio Guterres stated, "The fossil fuel age is flailing and failing. We are in the dawn of a new energy era, where cheap, clean, abundant energy powers a world rich in economic opportunity."
"This is another sign of Beijing's limited willingness and ambition to engage with the Europeans," Alicja Bachulska stated, highlighting the Chinese elites' perception of the EU as a midlevel power with limited leverage in trade negotiations.
Archer Aviation is leading the charge in developing electric vertical takeoff and landing (eVTOL) aircraft, particularly with its Midnight model aimed at urban air taxi services. The company has secured a $6 billion order book and has $1.03 billion in cash, positioning itself for commercial operations later this year.