高域：以低空载人科技，全方位构建低空出行新范式

Core Insights - The company GaoYu, which was incubated by GAC Group, has successfully completed a Pre-A round financing of 200 million yuan, with a total financing amount expected to reach 500 million yuan by 2025 [4] - GaoYu aims to become a leading technology enterprise in low-altitude technology, leveraging GAC Group's decade-long experience in electrification and supply chain systems to develop eVTOL aircraft for efficient urban mobility [4] Product Development - GaoYu has developed three different eVTOL products: the AirCar for land and air use, the multi-rotor AirCab for urban commuting, and the hybrid-wing AirJet for intercity travel, covering all terminal scenarios of eVTOL [5] - The AirCab and AirCar are designed for short-distance travel within 30 km, while the AirJet targets intercity travel up to 200 km, with future plans to enhance its range to over 400 km using GAC's solid-state batteries [5] Technological Advancements - GaoYu has achieved comprehensive self-research capabilities in core components such as flight control, autonomous driving, and navigation, addressing critical issues in civil aviation equipment [7] - The company possesses L4-level low-altitude autonomous driving technology and advanced materials, enabling intelligent obstacle avoidance and route control in complex environments [7] Supply Chain Integration - Originating from GAC Group's intelligent connected vehicle sector, GaoYu benefits from inherent capabilities for large-scale production and supply chain integration, allowing for over 70% resource reuse in eVTOL manufacturing [7] - The integration of automotive and aviation expertise enhances the reliability and scalability of both sectors, significantly improving quality and reducing costs compared to traditional industry solutions [7] Ecosystem Development - GaoYu recognizes the complexity of the low-altitude economy, which requires not only aircraft manufacturing but also infrastructure, software support, and operational platforms [8] - The company is focused on top-level design to promote a systematic approach to building a new low-altitude service system in collaboration with government, scenic areas, and operators [10] Policy and Market Outlook - The low-altitude economy is gaining governmental support, similar to the early days of the electric vehicle industry, with clear policy signals indicating a forthcoming industry breakthrough [11][13] - GaoYu plans to complete its production line and obtain airworthiness certification by 2026, while actively establishing standardized landing points and exclusive operational rights [14][15] Strategic Partnerships - GaoYu is collaborating with local governments and transportation hubs to promote standardized landing points, which will serve as integrated service units for low-altitude travel [14] - The company is also working with various partners, including ride-hailing platforms and aviation companies, to integrate low-altitude orders into existing transportation ecosystems [15] User Experience Focus - GaoYu emphasizes user experience, particularly for safety-sensitive demographics, by conducting extensive research to address user concerns about safety and comfort [16] - The company estimates that low-altitude travel can save over 70% of travel time while costing only 2-3 times that of ground transportation, aiming to make low-altitude technology accessible to the public [16] Future Prospects - The convergence of favorable policies and industrial momentum is expected to create a thriving new market in the low-altitude passenger industry, with GaoYu positioned to lead the sector [17]