Core Viewpoint - The collision incident involving XPeng Huaitian's eVTOLs during a rehearsal at the Changchun Airshow raises concerns about the company's ability to meet its 2026 mass production and delivery goals, casting a shadow over the emerging low-altitude economy industry [1][2][12]. Company Overview - XPeng Huaitian, established in 2020, is a representative startup in the low-altitude economy sector, originally founded by Zhao Deli in 2013 as Dongguan Huaitian [2]. - The company is a subsidiary of XPeng Motors, with a focus on developing eVTOL aircraft, including the "Land Carrier" modular flying car, which was first showcased in 2023 [2][3]. - XPeng Huaitian has received nearly 5,000 pre-orders for its flying cars, with a manufacturing base set to break ground in October 2024, aiming for an annual production capacity of 10,000 units [3]. Product Development - The "Land Carrier" flying car features a decoupled design, allowing for automatic separation and integration between the flying vehicle and its ground component [3]. - The company aims to complete the type certificate (TC) approval for its flying vehicle model (X3-F) by the end of this year, which is a critical step in the certification process for civil aviation [4]. Industry Context - Other eVTOL companies, such as Huayu Xianxiang and Wanfeng Aowei, are also targeting TC approval within the year, with a collective goal of achieving commercialization by 2026 [5]. - The incident has raised questions about safety protocols in the eVTOL sector, particularly regarding flight spacing regulations mandated by the Civil Aviation Administration of China [5][6]. Safety and Technology - XPeng Huaitian's eVTOLs are designed with advanced safety features, including multi-dimensional intelligent perception and obstacle avoidance capabilities [10][11]. - The company emphasizes that its flying vehicles are user-friendly, with a simple operation system that allows users to become proficient in flying within a short time [9][10]. Public Perception - The accident has led to public skepticism regarding the safety of eVTOLs, potentially impacting consumer confidence and the company's financing efforts [12].