Shi Technology's E20 eVTOL has won 350 overseas orders with an order value of US$1 billion

2025-07-16 11:08:53

On July 16, the eVTOL company Shi Technology announced that it had signed a purchase agreement with the UAE company Autocraft, with an order value of US$1 billion, and Autocraft will purchase 350 E20 eVTOLs. Shi Technology will work with Autocraft to promote the commercialization of E20 eVTOL in multiple scenarios such as low-altitude tourism and air travel in the Middle East and North Africa.

eVTOL

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Beijing, the "capital of open source", accelerates the construction of domestic open source big models and achieves another breakthrough
                            2025-07-25

                                    Novo Nordisk (NVO.N): The downward revision of its fiscal year sales forecast is related to declining sales of its weight loss drug Wegovy in the United States.
                            2025-07-29

                                    Toyota Motor Corp. is expected to decide as early as Wednesday evening whether to resume operations at its Japanese factories.
                            2025-07-30

                                    PICO and Blender Foundation enter into partnership
                            2025-07-23

                                    The world's first active safety AI battery cell goes into mass production
                            2025-07-27