Core Viewpoint - The signing of a $1 billion order for 350 E20 eVTOLs between China's Times Technology and UAE's Autocraft marks a significant milestone in the eVTOL market, creating a new record for a single order in China [1][3]. Group 1: Company Developments - Times Technology has developed the E20 eVTOL, which features a wingspan of 12 meters, a range of 200 kilometers, and a maximum speed of 320 kilometers per hour, capable of carrying one pilot and four passengers [3][4]. - The E20 is the first tilt-rotor model in China to apply for airworthiness certification, with its application already accepted and expected to be completed by 2027 [3][4]. - Autocraft aims to leverage its resources and market advantages to promote the E20 eVTOL's deployment and commercialization in the Middle East and North Africa [4]. Group 2: Market Trends - The low-altitude economy sector has seen a strong market response, with several companies experiencing significant stock price increases following the announcement of the order [1][2]. - The Shanghai government has introduced a development plan for the low-altitude economy, aiming to establish a complete industrial system by 2027, with a target scale exceeding 50 billion yuan [6]. - The eVTOL market in China is projected to exceed 500 billion yuan by 2030, with an expected fleet of over 100,000 eVTOLs [10].
中东土豪出手!国产eVTOL大单落地,低空经济板块爆发
Sou Hu Cai Jing·2025-07-17 03:59