Domestic eVTOL (electric vertical takeoff and landing) companies are flying high at the China (Shanghai) International Technology Import and Export Fair, displaying their vision for the future of urban mobility.
These Shanghai-based companies will see air taxis whisking passengers between cities in minutes, pending licenses widely expected to be issued by national authorities around 2026.
AutoFlight, TCab Tech, Vertaxi, and Volant are leading China's "Low-Altitude Economy," a concept incorporated in the national development roadmap and a buzzword in the capital market with associated shares rising by 2024.
