I don't know if electric motors are more reliable than ICE, but I speculate that they are.
------ Edit, my opinion below:
VTOL is a HUGE WIN. It's the holy grail of flight. Fixed wing aircraft are inconvenient because they need a mile of flat blacktop for takeoff and landing.
Affordable eVTOL craft could change general aviation forever. The problem with helicopters is insane maintenance overhead and low fuel efficiency. The problem with fixed wing is you can't land it in your back yard. EVTOL is interesting in that it could bridge the gap between these two to provide a personal aircraft that has the best of both. Napkin math shows it's possible, and we're seeing some really cool products now.