eVTOL - Asia Tech Wire

eVTOL

2025.01.29

10:04

Fengfei's 2-ton eVTOL powered by CATL batteries debuts on CCTV Spring Festival Gala

On January 28, Fengfei Aviation's 2-ton eVTOL, equipped with CATL batteries, made its debut at the Spring Festival Gala, performing a flight show at the "Two Rivers and Four Banks" in Chongqing. The aircraft slowly took off and flew over the river. It is reported that Fengfei's 2-ton eVTOL is called V2000CG (Kairuiou), with a maximum take-off weight of 2 tons, pure electric power, unmanned driving, and a carrying capacity equivalent to that of a small helicopter. It is mainly used for low-altitude logistics, emergency material transportation and emergency rescue.

2025.01.26

15:21

Fengfei Aviation's eVTOL product V2000CG was awarded a production license

On January 26, according to Fengfei Aviation, on December 24, 2024, the Civil Aviation Administration of China East China Regional Administration issued the Production Certificate (PC) for the V2000CG unmanned aerial vehicle system to Fengfei Aviation. This is the world's first 2-ton eVTOL production license. With the acquisition of the V2000CG production license, Fengfei Aviation will further promote the mass production, single-machine certification and delivery and after-sales work of the V2000CG.

2025.01.24

22:43

Several low-altitude economy companies released their 2024 performance forecasts: most OEMs expect losses, while companies in the industry chain are mixed in profits and losses

According to the reporter's statistics, as of January 23, among the low-altitude economy concept stocks, more than 30 companies have disclosed their 2024 performance forecasts. From the disclosed data, drone, general aviation aircraft, and eVTOL main engine manufacturers are mainly loss-making, one is expected to increase slightly, and six are expected to lose money. The upstream and downstream of the industrial chain are mixed, with 16 companies making profits and 13 incurring losses. In 2024, the low-altitude economy showed positive signs in policy support and market prospects, but the industry development still needs time to mature and land, so in the short term, listed companies still face the challenge of losses or declining performance.

2025.01.18

17:10

Jennie Chen, Consul General of Canada in Shanghai, visits Wanfeng Group

On January 17, Jennie Chen, the new Canadian Consul General in Shanghai, and her delegation visited Wanfeng Group and held discussions with Chen Bin, the president and chairman of Wanfeng Group. Commercial Consul Jennifer Lai and investment officer Sam Kong also visited. Chen Bin said that in the next step, Wanfeng will further increase the production capacity of Diamond Aircraft's production base in Canada. On the basis of the new DA50 and DA62 models that have been introduced, it is planning to introduce the world's first pure electric aircraft to Canada for certification and production after obtaining certification under ESSA in Europe, and supply it to the North American and South American markets. It is also planned to introduce eVTOL to Canada in the future to consolidate its leading position in the global general aviation industry.

2025.01.16

15:48

EHang's manned eVTOL completes test flight in Shanghai

Chinese autonomous aerial vehicle (AAV) technology company EHang completed the maiden flight of its unmanned electric vertical take-off and landing (eVTOL) aircraft, the EH216-S, in Shanghai on Thursday afternoon.

03:24

Low-altitude flight tourism is supported by policies, and listed companies are actively exploring related businesses

According to the Shanghai Securities News, under the policy, the tourism industry is accelerating into "flight mode". Recently, the General Office of the State Council issued the "Several Measures on Further Cultivating New Growth Points and Prospering Cultural and Tourism Consumption", which mentioned that the relevant management standards for low-altitude flight tourism products should be studied and formulated, and diversified and differentiated low-altitude flight tourism products should be encouraged on the premise of ensuring safety. "Policy relay, this is another major benefit for the development of low-altitude economy and eVTOL." Huang Xiaofei, senior vice president of Volant, analyzed that the new policy starts from the application end and guides the low-altitude industry to the landing stage. Sightseeing and transfer are the main scenes of "traveling mountains and rivers to enjoy the scenery", and are also important scenes for increasing tourism consumption. In the industry's view, under the wave of low-altitude economy, "low-altitude + tourism" is expected to become the first scene for the low-altitude economy to land. Luo Jun, executive director of the Low-altitude Economy Alliance, interpreted: "This is a positive signal, indicating that the country will take the lead in promoting the demonstration application of low-altitude economic scenes in industries such as culture and tourism. Low-altitude tourism is a plus point, not a must. For some special tourist attractions, especially those with high mountains and steep slopes and difficult to reach, the market space for low-altitude cultural tourism is larger."

2025.01.15

20:13

Shanghai Xiba's high-energy-density soft-pack lithium-ion solid-state battery for eVTOL has been designed

According to the Securities Times, the reporter learned that Shanghai Xiba has jointly tackled the problem with the Joint Innovation Laboratory of Advanced Materials for Solid-State Batteries of the Shanghai Institute of Ceramics, Chinese Academy of Sciences, and Shanghai Keyuan Solid Energy New Energy Technology Co., Ltd., and has recently completed the design of high-energy-density solid-state battery soft-pack lithium-ion batteries. The designed high-energy-density soft-pack lithium-ion solid-state batteries have entered small-batch production, and the production products will enter testing after passing quality inspection. The energy density of this high-energy-density soft-pack lithium-ion solid-state battery is designed to be ≥320Wh/kg, and qualified products will theoretically be first used in eVTOL scenarios. The final test results of this product need to be approved by a third party. Whether the high-energy-density soft-pack lithium-ion solid-state battery product fully meets the design requirements needs to be confirmed after all test results are issued.

08:12

CITIC Securities: Solid-state batteries are expected to be first used in the low-altitude eVTOL field. Focus on four main investment lines

CITIC Securities Research Report believes that 2025 is expected to be the first year of commercial operation of eVTOL. High-performance batteries are the key. In the short term, soft-pack and silicon anode batteries are expected to be used in eVTOL. The long-term trend is solid-state batteries with better safety and higher energy density. Ehang and Fengfei cooperate with leading battery manufacturers to develop high-performance batteries. The EH216-S equipped with solid-state batteries has a 60%-90% longer battery life. CITIC Securities has sorted out the recent important progress of eVTOL aircraft manufacturers and the solid-state battery industry. Solid-state batteries are expected to be first used in the low-altitude eVTOL field. It is recommended to pay attention to manufacturers with advanced progress in the eVTOL and solid-state battery industries, focusing on four main investment lines: 1) eVTOL manufacturers; 2) manufacturers with solid-state battery layouts; 3) companies related to solid-state electrolytes; 4) equipment manufacturers for solid-state battery production lines.

2025.01.13

15:56

Inbo: Joint development of eVTOL motor and electronic control products

Yingboer announced that the company received the "Product Technology Development Notice" from Yiweite, and the two parties will jointly develop high-performance integrated motor and electronic control products suitable for the ET9 electric vertical take-off and landing aircraft series. This project marks the customer's recognition of the company's innovation ability and R&D strength, and is expected to have a positive impact on the company's further expansion of the eVTOL market. According to the signed technical service contract, Yiweite will pay technical service fees, but there will be no significant impact on this year's revenue and profits. The project implementation cycle is long, and there is uncertainty in the signing of a formal supply agreement.

2025.01.08

19:13

China Renaissance: Investment enthusiasm in China's eVTOL track continues to rise

China Renaissance Capital released a special research report on eVTOL on the 8th. The report believes that judging from the trend changes in the primary market, the investment enthusiasm for China's eVTOL track continues to rise, and composite wings and tilt rotors have gradually become the mainstream of investment. Star companies have continued to receive multiple rounds of financing, with significant head-end benefits, and local government funds have become the main force behind the investment.

18:27

Ehang to establish eVTOL joint venture with Enpower

Chinese autonomous aerial vehicle (AAV) technology company EHang Holdings Limited (Nasdaq: EH) is to set up an eVTOL joint venture with Zhuhai Enpower Electric Co Ltd (300681.SZ).

2025.01.06

21:47

China Southern General Aviation and Volant Aviation sign China's first batch of high-level commercial passenger eVTOL confirmed orders

On January 6, Volante Aviation learned that China Southern General Aviation and Shanghai Volante Aviation have recently signed the first batch of confirmed orders for high-level commercial passenger eVTOLs in China. This is the first batch of confirmed orders for Volante Aviation's VE25 model, and also the first batch of confirmed orders for high-level commercial passenger eVTOLs in China.

2024.12.30

11:35

Chinese eVTOL startup Volant closes Pre-B funding round

Volant Aerotech, a Chinese manufacturer of electric vertical take-off and landing (eVTOL) aircraft, announced on Monday the completion of a Pre-B round of funding of several hundred million yuan.

2024.12.28

07:11

EHang Intelligent and Shandong Weihai High-tech Zone reached an unmanned aerial vehicle industry cooperation

On December 27, EHang Intelligent announced that the company signed a project cooperation agreement with the Management Committee of Shandong Weihai Torch High-tech Industrial Development Zone (hereinafter referred to as "Weihai High-tech Zone"). Based on the cooperation between the two parties, EHang Intelligent and Weihai High-tech Zone Cultural Tourism Industry Investment Co., Ltd. signed a purchase agreement for the first batch of 30 EH216-S electric vertical take-off and landing (eVTOL) unmanned manned aircraft, and have received the full payment of the order. According to the project cooperation agreement, the two parties will jointly build the Shandong Province Unmanned Manned eVTOL R&D and Manufacturing Production Base as the Shandong headquarters of EHang Intelligent Aircraft Production Base, and at the same time build the Weihai High-tech Zone Low-altitude Economic Industrial Park. EHang Intelligent and Weihai High-tech Zone plan to take the lead in creating low-altitude tour projects in tourist attractions such as Weihai International Bathing Beach, Xiaoshi Island, and Torch Eighth Street.

2024.12.25

08:34

Xinzhi Group achieves large-scale delivery of core components of drone motors

According to Xinzhi Group, Xinzhi Group provides high-quality motor stators and rotors and other key components for DJI's industrial heavy-duty drones. These key motor components can perfectly adapt to the various stringent working scenarios and performance requirements of DJI's industrial drones. During the cooperation process, the technical teams of both parties jointly carried out technical research and development and innovation, continuously optimized product performance, and ensured that drones can operate stably and efficiently in complex and changeable low-altitude environments. Currently, hundreds of thousands of sets of eVTOL motor core components have been delivered each year, which strongly supports the production and market expansion of DJI's industrial drones.

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