Summary
Companies in China, like EHang, are developing flying taxis and drones that can deliver items, aiming to grow what they call the "low-altitude economy." This sector faces challenges, such as airspace rules and battery limits. The Chinese government supports these projects with plans to expand flying infrastructure and offer financial incentives.
Key Facts
- A company named EHang is testing flying taxis in Guangzhou, China.
- Flying cars and drones are part of China's growing "low-altitude economy."
- The low-altitude economy was valued at $70 billion in 2023.
- Government support is strong in Guangdong province, where many drone companies are based.
- The future economy of flying cars and drones is expected to grow substantially by 2035.
- EHang has built takeoff and landing sites in 20 cities for future commercial use.
- Battery life and strict airspace controls are major challenges for these flying vehicles.
- There have been incidents like aircraft collisions during trials, but no injuries were reported.
