Group 1 - Volant Aviation signed a tripartite cooperation agreement with Pan Pacific and China Aviation Technology International Engineering Company, involving the procurement of 500 VE25-100 eVTOLs for short-distance transportation and emergency rescue services in Thailand and the Maldives, with a total order value of $1.75 billion [1] - This order surpasses the previous record of a $1 billion order signed by another company, marking the largest single order for high-grade passenger eVTOLs from China [1] - Pan Pacific is a comprehensive real estate developer and infrastructure investment company based in Bangkok, Thailand, with core businesses in infrastructure construction and diversified investments, including renewable energy and aviation logistics [1] Group 2 - China Aviation Technology International Engineering Company focuses on aviation infrastructure construction services and is part of the China Aviation Industry Group, covering various engineering sectors [2] - The year 2025 is anticipated to be the commercial launch year for eVTOLs, with multiple manufacturers receiving significant orders, indicating a growing global market recognition for Chinese eVTOLs [2] - Recent orders include a $1 billion agreement between Autocraft and another company for 350 E20 eVTOLs, showcasing the increasing demand for eVTOLs in international markets [2] Group 3 - Volant Aviation's partnership with Pan Pacific and China Aviation International Engineering is expected to facilitate the commercial deployment of eVTOLs in targeted regions, leveraging their strengths in infrastructure and application scenario development [3] - The collaboration aims to enhance maintenance infrastructure and develop vertical take-off and landing points, ensuring the successful operation of Chinese eVTOL products overseas [3]

Group 1 - A significant order was placed by UAE company Autocraft for 350 E20 eVTOLs from Chinese company Time Technology, amounting to $1 billion (approximately 7.1 billion RMB), marking a record for single orders in China's eVTOL sector [1] - The E20 model features advanced tilt-rotor design, combining vertical takeoff convenience with efficient cruising, making it suitable for intercity and urban travel [1] - The partnership aims to advance the deployment and commercialization of the E20 in the Middle East and North Africa, with certification expected by 2027 [1] Group 2 - Since 2025, the low-altitude economy has seen accelerated commercialization, with companies like Beifly Zhihang and EHang announcing significant orders [2] - Domestic policies are supportive, with revisions to civil aviation laws and local governments in cities like Shenzhen and Chengdu promoting low-altitude flight services [2] - Investment in China's eVTOL sector surged by 310% year-on-year in 2024, with projections indicating over 100,000 eVTOLs in operation by 2030, half of which will be commercially operated [2] Group 3 - The eVTOL sector is experiencing a global positive outlook, as evidenced by Joby Aviation's expansion plans in California and Ohio, leading to a significant rise in its stock price [3] - A-share eVTOL concept stocks have been active, with 21 listed companies involved in various segments of the eVTOL industry, showing an average increase of 12.05% this year [4] - Companies like Yingliu Co., Wolong Electric, and Guoxuan High-Tech have seen stock price increases exceeding 30%, with Yingliu Co. achieving a remarkable 78.47% rise due to its hybrid power system developments [4]