Chinese EV battery maker CATL invests in ‘flying car’ developer AutoFlight

Chinese EV battery maker CATL invests in ‘flying car’ developer AutoFlight

Chinese battery giant CATL is investing hundreds of millions of dollars into AutoFlight, a maker of electric vertical take-off and landing (eVTOL) vehicles, amid rapid development of the domestic low-altitude economy. The Shanghai-based aerial vehicle firm on Saturday announced the new financing from the world’s largest supplier of electric car batteries, but did not disclose … Read more

Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

Chinese flying taxi maker EHang sells autonomous passenger drone for US2,000 on Taobao as nation’s low-altitude economy takes off

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and Standard Airworthiness Certificate for pilotless eVTOLs. Those certifications were issued last October and December, respectively, by the Civil Aviation Administration of China (CAAC). A screenshot … Read more