Key Takeaways ACHR is highlighted as a key contender as demand grows for cleaner, faster urban air mobility solutions.ACHR is advancing FAA approval, adding NVIDIA-powered AI and expanding in Europe through a Serbia partnership.EHang secured autonomous eVTOL certification in China and completed a 22 km pilotless cross-strait flight.Rising demand for cleaner and more efficient travel is driving growth in the electric vertical takeoff and landing eVTOL industry, which is expected to play an important role in ...

"3、2、1，启动！"1月10日，全国首台警用载人无人机EH216-S在广州黄埔区腾空而起。这款亿航智能 公司的旗舰产品，已在全球完成超8万架次安全飞行，足迹遍布21个国家，国内外运营点超40个。"我们 正推动中国制造的空中交通工具走向世界。"亿航智能副总裁贺天星说。 当前，全球低空经济迈入规模化发展新阶段，广东企业探索出"产品出口+标准输出+生态共建"的出海 新路，重塑全球产业链话语权。目前，广东聚集了全国超30%的低空产业链企业，大疆、亿航、小鹏汇 天等头部企业齐聚，百亿级无人机出口产业集群成为广东外贸新优势。 广东企业在探索低空飞行器行业"产品输出+生态扎根"出海路径的过程中，在国内外市场统筹布局包括 研发合作、运营服务、人才培养等环节的产业生态链。 标准先行是广东低空飞行器产业掌握出海话语权的关键。中国工程院院士陈志杰指出，我国低空经济的 最大优势是标准不受制于人，广东应发挥标准先行作用，引领国际规范。这一路径在亿航的实践中得到 印证。在中国民航局支持下，亿航参与构建的电动垂直起降飞行器（eVTOL）适航标准全球领先。亿 航智能创始人、董事长兼CEO胡华智表示，亿航从取证之初就与民航局共建标准，将无人 ...

"成为中国人" ， 一天要与多少广 货打交道？_南 方+_南方plus 近日，"成为中 国 人"（Becoming Chinese）悄然 走红于海外社交 媒体，外国网友 们从一杯热水、 一双棉拖开始， 探索中式生活。 若想真正理解这 种生活的肌理与 温度，或许要将 目光投向中国南 方。在那 里，"广货"—— 广东出产的商 品，无声地构建 着中国人每一天 的质感和节奏。 中是米饭温润的 清香。这是许多 中国家庭的日常 场景。这台为快 节奏生活精准把 控火候的"好 嘢"，很可能来 自美的集团—— 一家从广东顺德 乡镇小作坊起 步，最终跻身全 球家电行业前列 的世界500强企 业。 "好嘢"在粤语中 指"好东西"。这 个词背后，是广 货对中国人日常 生活品质的承诺 与支撑。 这份支撑，首先 在于风物的本 真。锅中米粒分 明、久熬不烂 的，是有着"米 中碧玉"之称的 广州增城丝苗 米；粥里提味增 鲜的瑶柱，源 于"中国瑶柱之 乡"湛江；与此 同时，餐桌上已 摆好一小碟咸香 适宜的汕头橄榄 菜，或是一罐醇 厚地道的阳江豆 豉。即便是佐餐 小食，其对传统 工艺的坚持、对 风味层次的极致 追求，本身就是 一种追求"生活 品 ...

作为无人机实现环境感知和避障能力的关键部件，激光雷达芯片正在成为新的技术高地。在这一领域， 广东企业同样占据重要位置，每5颗激光雷达芯片中，就有1颗来自广东。核心零部件的本地化供应，使 无人机在安全性、稳定性和成本控制上更具优势。在影像能力上，广东无人机的"感官系统"同样领先。 全景相机是航拍、运动影像与内容创作的重要设备。数据显示，2025年第三季度，影石与大疆两家广东 企业合计拿下了超过九成的全球市场份额，也进一步巩固了广东在影像硬件领域的统治力。 技术与产能叠加，让广东无人机的出海能力更加突出。2025年，广东无人机出口额达190.8亿元，占全 国无人机出口总额近94%，产品累计销往100多个国家和地区，欧盟、东盟和美国成为其主要市场。从 欧美消费市场到"一带一路"沿线国家，广东几乎承包了中国无人机的主要海外订单。2025年前5月，仅 广州一地无人机出口量就同比增长252%，其中农业植保机型占比超过50%。 支撑这一切的，是其高度集聚的产业生态。目前，全国30%以上的低空产业链企业集聚在广东，企业数 量超过1.5万家。从芯片、传感器、整机制造到整机制造、系统集成与应用服务，广东已实现"一省配齐 一条无人 ...

19 January 2026 | 8:12PM HKT Equity Research EHang (EH): CFO visit: eVTOL commercialization in progress; Overseas markets in expansion; Buy We hosted Ehang's CFO on Jan 15 at the GS Tech AI Outlook Corp Day in Hong Kong. Management is positive on the commercialization trend of eVTOL in diversified end markets, and trained around 100 eVTOL operators that aim to earn the operator license in 2026E, supporting EHang and clients' eVTOL commercialization. EHang has earned the 2 OCs (Operator Certificates) in Chin ...

GUANGZHOU, China, Jan. 16, 2026 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), a global leader in advanced air mobility (“AAM”) technology, today officially announced that the Board of Directors of the Company (the “Board”) has approved and appointed Mr. Shuai Feng as the Chief Technology Officer (“CTO”), effective on January 14, 2026. This appointment represents a key milestone in the Company’s technology strategy. Building on the solid foundation established through ye ...

Core Insights - Guangdong's low-altitude economy has surpassed 100 billion, with over 15,000 related enterprises, accounting for more than 30% of the national total, and leading the global market in consumer and industrial drones [1][2][4] Group 1: Industry Overview - The low-altitude economy in Guangdong is characterized by innovative applications such as flying cars and drones, with significant advancements in technology and production capabilities [2][4] - Major players like EHang and XAG are leading the market, with EHang becoming the first profitable eVTOL company globally, and XAG's agricultural drones enhancing farming efficiency [2][3] Group 2: Market Dynamics - The consumer drone sector is dominated by DJI, which holds a substantial market share, while emerging companies like Yingshi are providing diverse aerial experiences [3] - The product matrix of Guangdong's low-altitude economy spans various applications, from agriculture to urban commuting, showcasing the versatility and innovation of "Guangdong-made" products [3][6] Group 3: Enabling Factors - The growth of Guangdong's low-altitude economy is supported by policies that provide financial and technical assistance, creating a conducive environment for innovation [4][5] - A robust supply chain with over 2,000 manufacturing companies in the region underpins the industry's strength, facilitating the development of core components and complete systems [4] - Continuous infrastructure improvements, including the establishment of general airports and flight service stations, enhance operational capabilities and streamline airspace management [4][6]

Market Overview - US stock indices opened lower, with the Dow Jones down 0.5%, Nasdaq down 1.2%, and S&P 500 down 0.82% [1] - Major tech stocks, including Nvidia, Tesla, Facebook, and Amazon, all experienced declines, with Nvidia dropping over 2% and others falling more than 1.5% [3] Chinese Stocks - Most Chinese stocks saw gains, with the Nasdaq Golden Dragon China Index up 0.31%. Bilibili rose nearly 5%, while Pony.ai and EHang increased over 3%. Alibaba gained 2.9% [3] - Ctrip's stock fell nearly 16%, resulting in a market value loss of $7.88 billion (approximately 55 billion RMB), bringing its total market value to $41.6 billion. This decline is linked to an investigation by the State Administration for Market Regulation regarding alleged monopolistic practices [3] Precious Metals - Silver prices surged, with spot silver reaching a historic high of $92 per ounce, marking a 5.45% increase for the day and over 28% year-to-date [4] - Gold also hit a record high of $4,641.853 per ounce, although its daily increase narrowed to 0.39% [4] - Citigroup strategists have raised their three-month price targets for gold to $5,000 per ounce and silver to $100 per ounce, citing geopolitical risks, persistent physical market shortages, and concerns over the independence of the Federal Reserve as key factors [5] Geopolitical Factors - The recent rise in precious metals is attributed to heightened geopolitical tensions, particularly between the US and Iran, which have increased risk aversion among investors. However, there are concerns regarding insufficient monetary policy support, as the core CPI in the US was slightly below expectations and the probability of a rate cut by the Federal Reserve in January is less than 5% [6] Oil Market - International oil prices saw a slight increase, with WTI and Brent crude both rising by nearly 1% [7] Legal Developments - The US Supreme Court has not yet ruled on the legality of the Trump administration's tariff policies, with the decision postponed to January 14. This follows previous rulings by lower courts deeming the tariff measures illegal [8]

Core Insights - The low-altitude economy is entering a significant order year in 2025, highlighted by major orders from companies like Xiaopeng Huitian and Volant Aviation, marking a record in overseas bulk orders for flying cars [1][9] - Financing in the low-altitude sector is increasingly characterized by "plus" rounds, indicating a trend where startups are seeking additional funding to maintain valuations amid a cooling investment climate [2] - The financing pace has slowed in 2025, but the proportion of billion-level projects has increased, showcasing a "head effect" where leading companies attract more investment [3] Financing Trends - Zero Gravity Aircraft Industry completed an A++++ round of financing amounting to nearly 300 million RMB, while Volant Aviation also secured similar funding, indicating a trend of startups relying on external financing during product certification stages [2][5] - Volant Aviation's financing history shows a series of successful rounds, including a B round of several hundred million RMB led by Huaying Capital and a B+ round shortly after, demonstrating strong investor interest [3][4] - Zero Gravity Aircraft has completed at least eight rounds of financing, with a total amount nearing 700 million RMB, supported by various investment institutions [5][6] Order Developments - In the Middle East, significant orders have been placed, including 600 flying cars by Xiaopeng Huitian and 350 eVTOLs by Times Technology, reflecting the region's favorable regulatory environment for new technologies [9][10] - Domestic orders are also on the rise, with Volant Aviation securing orders worth 3 billion RMB for 120 aircraft from Agricultural Bank of China Leasing and EHang announcing orders for 50 EH216-S drones [10][11] Policy and Industry Support - Beijing and Shanghai have introduced action plans to boost the low-altitude economy, aiming for substantial industry growth by 2027, with Beijing targeting a scale of 100 billion RMB and Shanghai 50 billion RMB [11][12] - Shenzhen has enacted the first special regulations for promoting the low-altitude economy, establishing a 2 billion RMB fund to support the entire industry chain, including R&D and manufacturing [12]

Group 1 - The core message highlights the impact of the increase in financing margin ratios by the Shanghai and Shenzhen Stock Exchanges, leading to a decline in major indices and a weakening of the low-altitude economy and commercial aerospace sectors [1] - EHang Intelligent has made significant progress in low-altitude economic trials, including the first emergency response flight in Europe and the assembly of its firefighting version EH216-F, marking a strong start in low-altitude emergency rescue equipment manufacturing [1] - The EHang EH216 series successfully completed point-to-point flights across the Qiongzhou Strait, validating technology and enhancing efficiency for low-altitude transportation coordination between Hainan and Guangdong [1] Group 2 - Guotai Junan analysis indicates that the low-altitude economy in China saw active investment and financing dynamics in December, with the release of a notification supporting financial backing for the Guangdong low-altitude economic cluster [2] - The "Twelve Articles" on low-altitude finance focus on the financial needs of low-altitude economic clusters, aiming to create a comprehensive and specialized financial service system to boost the industry [2] - The Huaxia Aviation ETF (159230) tracks the national aviation industry index, with a focus on low-altitude economy, covering various sectors including aircraft manufacturing and operational services, with low-altitude economic content at 88.26% and drone content at 89.46% [2]