Wow there are all kinds of strained comparisons here as the other comment mentions.
One, comparing one of the most fuel efficient ASEL aircraft compared against one of the least fuel efficient passenger vehicle categories. Nobody uses pickup trucks for taxis. Nobody uses large SUVs unless you specifically request them (and they typically have a surcharge).
> Once it is in cruise mode, it is as safe as a regular small aircraft.
Well landing and taking off are the two most dangerous phases of flight. "Once you ignore the two most dangerous phases of operation, operation is as safe as you'd expect."
Not to mention that small aircraft/general aviation is not safe. Most life insurance excludes it. If you're under 140 hours TT and not instrument rated, life insurance that explicitly includes GA is prohibitively expensive (I received a quote at 80 TT and pre-IR for nearly $300/mo for a 10 year term on an otherwise healthy 30 year old male, comparable policies with a GA exclusion are $10-12/mo).
The most optimistic figures put GA roughly on par with riding a motorcycle without a helmet.
> An easy target for making these at scale would be $500,000 per aircraft.
Look up the cost of a new Diamond DA-20 or Robinson R44. There is no way you can build one of these things for less than $750k+ at cost so you're going to need to sell them at 1.5-2x that or more. And that's at scale.
And speaking of scale, what do you think the market for these things is? You're not going to be selling millions of them. Cessna sells a shitload of planes compared to the rest of the industry and they sell one factory new plane a week, almost exclusively to large institutional flight schools.
> Operating costs at scale, max $100/hr
I know "lol" is code for "I breathed through my nose a little louder," but this actually did make me laugh. Operating costs will be the 2-3 times this at scale. And 5x+ now.
I fly a single-engine plane with over 30,000 units in production (PA-28-181). They're everywhere. The lower HP version is a very popular trainer aircraft, and as such need to have low costs of ownership and maintenance, and high reliability. I fly this plane as part of a non-profit club and still pay $100/mo and $100/hr to fly a 45 year old plane with no autopilot, steam gauges and a carbureted engine.