Core Viewpoint - The partnership between Autocraft and Shide Technology marks a significant step for "Chinese manufacturing" to expand overseas, particularly in the eVTOL sector, showcasing the potential for international collaboration in technology under the Belt and Road Initiative [2][6]. Group 1: Partnership Details - Autocraft, an Emirati company, signed a procurement agreement with Shide Technology on July 16, with an order value of $1 billion for 350 units of the E20 eVTOL [2][4]. - The collaboration aims to promote the commercialization of E20 eVTOL in the Middle East and North Africa, focusing on low-altitude tourism and air travel [2][4]. Group 2: Product and Technology - The E20 eVTOL, developed by Shide Technology, features a tilt-rotor design that combines vertical takeoff and landing capabilities with efficient cruising performance, making it suitable for intercity and urban travel [4]. - Shide Technology emphasizes technological innovation to drive sustainable development in air transportation, highlighting its advantages in safety, economy, and adaptability [4]. Group 3: Strategic Implications - The $1 billion order represents a critical breakthrough for E20 eVTOL's overseas expansion and serves as a model for Sino-Arab technological cooperation under the Belt and Road Initiative [6]. - The CEO of Shide Technology, Huang Yongwei, stated that this partnership demonstrates the company's global deployment capabilities and aims to provide reliable air transportation solutions to global users, showcasing China's strength in low-altitude technology [6].