Core Insights - The company has launched the BD35, a next-generation long-range electric vertical takeoff and landing (eVTOL) aircraft, focusing on safety and efficiency [1] - The BD35 features a full redundancy design for critical systems, enhancing flight safety [2] - The aircraft is autonomous, positioning the company as a leader in pilotless eVTOL among the top 10 global players [3][4] Safety and Technology - The BD35 includes an obstacle avoidance system powered by LAR radar and proprietary technology [4] - The aircraft's design aims to reduce noise pollution compared to traditional helicopters, making it suitable for urban environments [8] Market Position and Pricing - The BD35 is priced at approximately 6.5 million RMB, which is competitive compared to global peers priced between 3 million to 67 million USD [5] - The company aims to offer affordable ticket prices for air taxi services, slightly above the cost of premium car services [6] Industry Outlook - The company anticipates significant growth in the eVTOL market, with potential applications in taxis, logistics, and emergency services [5][10] - The company has already initiated operations in scenic areas and is exploring expansion into markets in the Middle East and Southeast Asia [9][10] Financial Performance - The company has achieved an adjusted net profit of over 9 million RMB in the second quarter of the current year [12] - The company aims to reach profitability by 2027, despite adjusting revenue projections down from 126 million to 70 million RMB due to prioritizing operational support systems [13][14][15]
Are pilotless aircrafts the safest way to fly? Air-taxi maker Ehang thinks so