Latest news with #Ehang
Straits Times
4 days ago
- Automotive
- Straits Times
For sightseers in China, pilotless ‘flying taxi' rides are on the horizon
EHang's passenger drone, the EH216-S, is a two-seater that can fly up to 30km at a maximum speed of 130 km per hour. ST PHOTO: JOYCE ZK LIM For sightseers in China, pilotless 'flying taxi' rides are on the horizon — Sixteen propeller blades in sets of two whir, growing faster and louder. Then, the 'air taxi' lifts off. It rises vertically off the ground, one gutsy passenger strapped in, as a throng of journalists watches on. He is alone in the two-seater cabin, several storeys high, with no pilot in sight. This scene, seemingly out of the future, takes place very much in the present, on a recent Tuesday in the southern Chinese city of Guangzhou, the capital of Guangdong province. It is a sight that EHang, the company behind the autonomous 'flying taxi', hopes will become more commonplace in China, and around the world. 'In the future, we want to provide such a means of transport that is as normalised as cars,' EHang's vice-president He Tianxing told visiting reporters at the company's Guangzhou headquarters on June 10. That future, for now, is still years away. But the leading Chinese maker of autonomous aerial vehicles (AAVs) - or drones as they are more commonly known - which transport goods among other uses , is moving closer towards the commercial use of its drones to carry people, with a big milestone on the horizon. In the cities of Guangzhou and Hefei, the capital of central Anhui province, people will soon be able to buy tickets to sightsee on EHang's flying vehicles , in what could be a world first. An Ehang subsidiary in Guangzhou and its joint venture company in Hefei in late March received China's first certificates to operate paid services carrying people in the two cities. They are now trialing rides in these locations, allowing staff members and invited guests to have a go on the flying vehicle - also described as an electric vertical take-off and landing (eVTOL) aircraft - Ehang says . Thereafter, they plan to open ticket sales to the public. One of the routes will bring people to take in river views from above a wharf in Guangzhou while another will fly over a park in Hefei . These flights, EHang says , are to travel in a loop in a pre-set path for an average of five to eight minutes, leaving from and returning to the same spot. The operators have yet to reveal how much tickets will cost or announce a firm date when public sales will begin. The model of eVTOL that has been green-lit for the commercial services, the EH216-S, retails for 2.39 million yuan (S$425,949) on the e-commerce platform Taobao. It has a maximum range of 30 km and a maximum speed of 130 km per hour. The upcoming start of commercial 'human-carrying' drone services in China comes as the country is ramping up the development of its 'low-altitude economy'. This refers to economic activity taking place in airspace less than 1,000m above ground level, below the 9,000m at which commercial planes typically cruise. This emerging industry is a policy priority that has been written into the government's annual work plan since 2024. Already, drones are being put to work in some parts of the world's second-largest economy, delivering food and other goods to consumers, and spraying pesticides across croplands. The commercial sightseeing flights, Mr He tells The Straits Times, are a 'rehearsal' for the wider use of drones as a means of transport. But more infrastructure, he says , is still needed before eVTOLs can serve as air taxis that transport people from one point to another. These include take-off and landing sites, charging stations and parking terminals. For their part, cities in China are stepping up their construction of infrastructure for the low-altitude economy. In Shenzhen, one of six pilot cities for its development, officials plan to have 174 landing sites for eVTOLs and helicopters by 2026. A number of Chinese automakers have also branched into the business of flying cars. They include XPeng, GAC Group, Geely and Hongqi. Mr He said he expects to see some Chinese cities 'which have the necessary conditions' gradually piloting the use of eVTOLs for flights carrying people from point to point in the next two to three years. Apart from the Chinese market, EHang has also set its sights on having its passenger drones fly overseas. The company is developing markets in Asia, Europe and South America, Mr He says , and has 'achieved very positive results' in Japan, Thailand, Spain and the Middle East. EHang Vice President He Tianxing speaks to reporters at the company's headquarters in Guangzhou on June 10. ST PHOTO: JOYCE ZK LIM In Thailand, where EHang carried out demonstration flights in November 2024 with passengers on board, the company 'plans to launch commercial trial operations in (regulatory) sandbox areas opened up by the Civil Aviation Authority of Thailand this year', he said . The company's partners in Thailand, he added , are working with the Thai authorities and conducting preliminary surveys of routes and operation sites in the resort island of Phuket. EHang is not the only company with plans for its passenger drones to fly commercially abroad. Joby Aviation, for instance, an American maker of air taxis, aims to start commercial services in Dubai by early 2026. Volocopter, a German company, had earlier announced plans to provide air taxi services carrying people over Singapore's Marina Bay and during the Paris Olympics in 2024, but these did not materialise. The company in December 2024 filed for insolvency, and has since been acquired by a subsidiary of a Chinese company. As firms move towards the commercial adoption of passenger eVTOLs, another hurdle they may have to contend with is whether consumers will put their faith in the novel technology. 'I'm so scared,' said American livestreamer Darren Jason Watkins Jr repeatedly when he test - rode one of EHang's drones earlier in 2025. 'Please pray for my safety,' he said . The online personality better known as IShowSpeed uploaded to YouTube a video of his experience in which he is also seen being reassured of the drone's safety, including through back-up systems that kick in should there be any breakdown. Asked how he would convince people that passenger drones were safe, Mr He told reporters : '(We) welcome you to take a ride -- make sure to ride a few times.' Nikkei reporter Itsuro Fujino said that his ride on EHang's passenger drone felt stable throughout. ST PHOTO: JOYCE ZK LIM He also noted that EHang's eVTOL had received three airworthiness certificates from the Chinese authorities , and highlighted the need for more publicity around the merits of unmanned aerial transport . At Ehang's Guangzhou eVTOL terminal, the drone carrying the one brave passenger landed after a brief spin of about two minutes. Emerging from beneath its gull-wing doors was Nikkei reporter Itsuro Fujino, slightly sweaty. Unprompted, a staff member offered a tissue. A fellow journalist wondered aloud if it was the heat (of more than 30 deg C), or just nerves. What was the experience like, his fellow reporters watching wanted to know. 'It felt stable throughout … there was no scary feeling,' said Mr Fujino, of his maiden ride in an eVTOL. 'It was like riding in a car,' he added. Joyce ZK Lim is The Straits Times' China correspondent, based in Shenzhen. Join ST's Telegram channel and get the latest breaking news delivered to you.
Bloomberg
19-05-2025
- Business
- Bloomberg
China's Ehang Mulls Listing Outside of US
The Nasdaq-listed Chinese producer of electric aircraft Ehang is "actively exploring different alternatives" for a secondary listing outside of the US. CFO Conor Yang discussed the company's international expansion plans with David Ingles and Yvonne Man on "Bloomberg: The China Show" from the sidelines of the BNP Paribas Global Electric Vehicle & Mobility Conference. (Source: Bloomberg)
CNBC
18-05-2025
- Business
- CNBC
Pilotless planes are taking flight in China. Bank of America says it's time to buy
While startups around the world have tried to build vehicles that can fly without a pilot, only one is certified to carry people — in China. U.S.-listed Ehang received this certification from China's aviation regulator in late March, and the company plans to begin operating flights for tourists along a few designated routes by the end of June . The vehicle, known as an eVTOL aircraft, carries two passengers and uses electric power for vertical take-off and landing, similar to a helicopter. "Ehang should maintain 100% market share in China over 2025-27, as the strict [the Civil Aviation Administration of China] airworthiness process poses a high entry barrier to new entrants," Bank of America Greater China industrials stock analysts said in a May 14 report. They initiated coverage of the stock with a "buy" rating, and predict the stock can reach $26 — 36% above Friday's close. The stock is up more than 20% for the year so far. The analysts expect Ehang to benefit from national policy support and faster-than-expected delivery to tourism customers. Ehang also ranked first among global players as the most likely to reach the thousand-unit-a-year milestone through widespread certification and adoption, according to a recent report from U.S.-based SMG Consulting. U.S.-based rival Joby Aviation , whose shares have dropped 9% year to date, ranked fourth. Fifth in the rankings was Archer Aviation . Its shares are up 36% for the year. The company on Thursday announced it will be the official air taxi provider for the Olympic Games in Los Angeles in 2028 . Bank of America does not currently cover either stock. The U.S. Federal Aviation Administration has been working on certification rules for allowing the companies to fly their vehicles with passengers in the U.S., although initial focus is on piloted flights. In contrast, China has accelerated its efforts in the last two years to develop what it calls the "low-altitude economy." About 300 local Chinese governments have announced related plans as of April 2025, which include investment in infrastructure for eVTOL operation and business subsidies, the Bank of America analysts said in a separate May 14 report about the overall industry. Ehang's certified model, the 216-S, sells for about 2.39 million yuan ($330,000) in China, and $410,000 outside China, the report said. It noted that the larger, 4-seat Joby S4 sells for $1.3 million. "We conclude that the central gov't sees the development of low-altitude economy as the crucial strategic industry to China's economy in the coming few years," the analysts said. The policy also covers support for using drones to deliver food and supplies to tourist sites in the mountains. Such tests gained popularity over the May 1 Labor Day holiday in China. Several Chinese companies from Xpeng to Volant are also working on flying devices that carry people. Short-haul aerial vehicles can also help with firefighting and emergency services. For Ehang, the Bank of America analysts predict each tourist attraction will want to buy five to 10 eVTOLs, supporting a total potential China market of 80,000 units. In the near term, they estimate Ehang's delivery volume will reach 442 units this year, and 813 next year. "This will translate into 103%/82% revenue growth in 2025/26E," the report said. Another, more distant, area of potential growth is the urban air taxi market. While the analysts expect tourism to be the main driver of demand in the near term, they expect air taxis to grow their share starting from the year 2035. Based on the current taxi and ride-hailing car market, Bank of America estimates total demand for eVTOL air taxis could reach 200,000 units in the future. "If the annual revenue per air taxi could reach RMB1.5mn by 2035, the air taxi operation will be profitable and … should bring incremental revenue and earnings to Ehang in the long term," the analysts said. But the Bank of America analysts cautioned that any accident or passenger injuries could result in reputational damage for Ehang, on top of potential legal claims. Significant incidents could also slow the pace of eVTOL adoption, the analysts pointed out. — CNBC's Michael Bloom contributed to this report.
Forbes
04-04-2025
- Business
- Forbes
Ehang Approved In China — But Air Taxis Remain Many Years From Takeoff
Ehang's eVTOL taking off from EHang Future City at Guangzhou Suigang Port, one of two regions where ... More the aircraft will be allowed to make passenger flights from this June. China's Ehang has been certified for pilotless flight for its autonomous eVTOL aircraft — but air taxi services still remain three to five years out, the company said. Ehang said earlier this week that the Civil Aviation Administration of China (CAAC) had granted the Ehang EH216-S the first air operator certificate (OC) for pilotless aerial vehicles carrying human passengers. However, those first flights will be for limited "low-altitude tourism" and urban sightseeing tours at Guangzhou and Hefei only, the company said, rather than wider air taxi services. In an interview with CNBC, Ehang vice president He Tianxing said that passengers would be able to take rides along set routes in those two destinations from the end of June, with further tourist routes planned pending approval at six different locations including Shenzhen. The flights must be completed in a loop, with the aircraft landing where it took off from, according to Flying Magazine. That report noted that operations are certified for "human carrying" rather than "passenger transport" — the former are restricted to private routes, are non-scheduled trips, and sell tickets directly, versus the latter offering scheduled, regulator routes. The Urban Air Mobility Operations Center at Luogang Central Park in Hefei, China, one of two regions ... More where Ehang will begin eVTOL operations. Ehang's He told CNBC that he couldn't share the price of rides, which would range from three to ten minutes in length. While tourists will be able to experience Ehang's EH216-S aircraft on set sightseeing routes, commercial air taxi services remain at least three to five years out, He told CNBC. For that to happen, the operator certificates will need to be extended to cover urban commuting. "In the future, operators will also gradually expand into more other scenarios such as urban commuting based on operational conditions legally and compliantly," the company added in a statement. Though the Ehang EH216-S aircraft remains ahead of rivals, it's still possible to beat the Chinese aviation company to launch the world's first air taxi service using an electric vertical takeoff and landing (eVTOL) aircraft. Joby in Dubai and Archer in Abu Dhabi are both hoping their piloted air taxi flights could start as early as this year or next, though services would likely be limited to a small number of aircraft on set routes. However, SMG Consulting ranks both those projects as being "highly unlikely" to meet that entry into service date. That CAAC certification covers Ehang's EH216-S, which can carry two people at speeds of 130km/h for up to 30 kilometers. That vehicle received type certification 18 months ago — the only eVTOL to do so as yet — followed by production certification in April last year. Ehang Intelligent's electric Vertical Take-off and Landing aircraft (eVTOL) EH216-S make its maiden ... More flight at Shanghai Longhua Heliport in Shanghai, China on January 16, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) The Ehang EH216-S does not have a pilot on-board. Instead, it follows a set route with a pre-set flight plan, optimised before takeoff based on weather and traffic, and is remotely monitored from a command and control centre that can override the autonomous system if needed. The aircraft's autonomous systems to take off and land, making use of sensors including LIDAR for obstacle detection and avoidance, changing flight plans in case of wind changes, and so on.
South China Morning Post
17-02-2025
- Business
- South China Morning Post
How China's low-altitude economy can soar both at home and abroad
Published: 5:30am, 18 Feb 2025 At the annual CES consumer electronics show in Las Vegas last month, Chinese company Xpeng AeroHT captured the world's imagination with the international debut of its Land Aircraft Carrier , featuring a six-wheeled vehicle and a compact aircraft. Critics of China's centralised governance model claim it stifles innovation and competition, resulting in large-scale innovation but low productivity. Yet in the low-altitude economy , a sector broadly defined as economic activities harnessing airspace below 1,000m – including drones, urban air mobility and aviation services – China is flying ahead. Home to some of the world's largest drone manufacturers such as DJI , China has captured more than 70 per cent of the global drone market. It accounts for nearly 80 per cent of unmanned aerial vehicle patent applications and has produced flying car companies such as Ehang, Volant and Xpeng AeroHT. From drone deliveries to demonstrations of flying cars, progress is certainly visible. But how does this align with national ambitions and how did it take shape under China's socialist system? The low-altitude economy is a natural extension of China's socialist system, where the government retains control over production resources to support national development. Once focused on land and physical infrastructure, this control now extends to digital infrastructure and airspace. Regulators like the Civil Aviation Administration of China and state-owned enterprises such as the Shenzhen Urban Transportation Planning and Design Research Centre are playing an essential role in developing the key infrastructure underpinning the low-altitude economy.
