Core Viewpoint - The recent incident involving Xiaopeng Huaitian at the Changchun Airshow has raised significant safety concerns regarding eVTOL technology and the overall safety of flying cars in China, potentially impacting investor confidence and customer purchasing decisions [2][29]. Group 1: Company Overview - Xiaopeng Huaitian aimed to leverage its recent licensing success in the UAE to establish commercial partnerships in China, but the airshow incident has complicated these plans [2]. - The company currently holds 5,000 orders and 1.5 billion yuan in advance payments, which it hoped to use as leverage for expanding its domestic commercial channels [2]. - The founder, Zhao Deli, faces pressure to reassure investors and customers amidst growing safety concerns, as the incident has led to a reevaluation of purchase plans by potential customers [2][29]. Group 2: Industry Context - The low-altitude economy in China is projected to exceed 500 billion yuan within three years, with significant opportunities in downstream sectors such as maintenance and tourism [21]. - Despite the potential, the flying car industry faces skepticism, particularly in the U.S., where safety concerns hinder the commercialization of eVTOL technology [22][24]. - Experts have expressed doubts about the feasibility of products meeting both automotive and aviation standards, with current eVTOL models struggling with limitations such as short flight durations [24][26]. Group 3: Technological Challenges - The eVTOL technology remains in a developmental stage, with existing models showing limited advancements in core technology since the early prototypes [17]. - The technical challenges include achieving a balance between weight, size, and airflow, which are critical for safe operation in urban environments [22][28]. - Current eVTOL models have not significantly improved in terms of performance metrics such as flight height and speed compared to earlier versions [18].