低空经济产业发展，即将迎来新一轮爆发期。 作为 eVTOL（电动垂直起降飞行器）领域明星企业，小鹏汇天旗下飞行汽车工厂近日开启试产，并顺利下线首台「陆地航母」飞行器，明年将进入规模 化量产交付阶段。 （图片来源：小鹏汇天） 位于广州黄埔区，小鹏汇天飞行汽车工厂全球首个利用现代化流水线标准进行飞行汽车批量生产，拥有「复材」「动力」「连接」「涂装」「总装」五大 核心车间。工厂建筑面积约 12 万平方米，规划年产能 10000 辆，初期年产能 5000 辆。在满产状态下，生产线每 30 分钟可下线一台飞行器。 小鹏汇天正在构建低空出行的两套飞行体系，分别是面向个人低空飞行的「陆地航母」，面向低空高效出行的全倾转混电飞行汽车「A868」。 其中，「A868」采用全倾转构型，在小鹏汽车鲲鹏超级增程架构基础上，采用自研航空级混电内核，可实现 500 公里长航程，最高航速可达 360 公里/小 时，6 人座舱设计更好匹配商务出行需求。目前，「A868」原型机已完成首次试飞，正式进入飞行验证的关键阶段。 （图片来源：小鹏汇天） 各施所长，eVTOL上演群雄逐鹿 在「低空经济」还未成为大热词的 2023 年，这一业态国内市场规 ...

证券时报记者 王小伟 11月5日，2025小鹏科技日在广州举办，连推多项新技术、新品类。当发布全新一代人形机器人IRON时，发布会 现场欢呼声一片。新品从四足形态进化到双足形态，再进化到更拟人形态。现场直观体验是，它真的像人了。 全新一代IRON最拟人 小鹏汽车创始人何小鹏介绍，全新一代IRON作为最拟人的人形机器人，拥有骨骼—肌肉—皮肤：仿人脊椎、仿生 肌肉、全包覆柔性皮肤、头部3D曲面显示、仿生灵动双肩、实现22个自由度的灵巧手。 现场展示中，全新一代人形机器人IRON，猫步走得像人一样轻柔，还拥有像人一样思考的"大脑"。它不光是世界 上最高算力的人形机器人，明年，还会是最聪明的机器人之一。 这将对不少产业带来外溢影响，比如固态电池。 何小鹏介绍，新品搭载第二代VLA，拥有3颗图灵AI芯片，构建VLT+VLA+VLM高阶大小脑能力组合，可实现对 话、行走、交互等高阶智能。同时搭载行业首发应用全固态电池，力求做到极致轻量化，超高能量密度与极致安 全。推出机器人主动安全保护，最大程度保护物理AI世界参与者安全，并扩展第四法则，隐私数据不出机器人。 据悉，目前，小鹏汽车已在广州建立首个具身智能数据工厂。 何小鹏 ...

Core Insights - Xiaopeng Huitian has signed a strategic cooperation agreement with the Dunhuang Municipal Government to develop low-altitude economy and tourism routes in Dunhuang [2][3] - The company has accumulated over 7,000 global orders for flying cars, potentially amounting to 14 billion RMB [5][6] - A production facility for flying cars is under construction, with plans for completion in Q4 2025 and an annual production capacity of 10,000 units [6][7] Order and Sales - The recent agreement includes a purchase order for 200 flying cars, estimated to be worth around 4 billion RMB [4] - In Dubai, Xiaopeng Huitian secured an order for 600 flying cars, marking the largest overseas bulk order in the flying car sector, with an estimated value of 1.2 billion RMB [4][6] Production and Development - The first mass production factory for flying cars is nearing completion, with equipment testing currently underway [6][7] - The "Land Carrier," a split flying car model, is set to be launched in 2024, featuring both land and air capabilities [6][7] Financial Backing - Xiaopeng Huitian has secured a 1.26 billion RMB syndicated loan from five banks to support the construction of its flying car manufacturing base [7] Strategic Vision - The company aims to establish a network of flying camps within a 30-minute drive from major urban centers, expanding the concept of self-driving tourism into the air [7]

Core Viewpoint - Dunhuang, rich in cultural and tourism resources, is becoming a testing ground for Xiaopeng's flying cars, marking a significant step in the commercialization of flying vehicles [3][4]. Group 1: Company Developments - Huitian's flying car, referred to as "land aircraft carrier," successfully completed its first flight in Dunhuang, with plans to establish the first low-altitude self-driving tourism route in Northwest China [3][4]. - The tourism route will connect key attractions, starting from Mingsha Mountain Crescent Spring and ending at Yadan Geopark, creating a comprehensive travel network [4]. - Huitian has partnered with five companies, including Gansu Wanhua Industrial Group and Dunhuang Cultural Tourism Group, to establish a complete ecosystem for low-altitude operations and ground tourism services [4][5]. Group 2: Market Potential - The low-altitude economy in China is projected to be a trillion-yuan market, estimated to be 3.2 times larger than the high-altitude economy, with the latter valued at 17 trillion yuan [9]. - Huitian aims to capture a significant share of this market, with plans to produce 10,000 flying cars annually, targeting 10 billion yuan in revenue [10]. Group 3: Strategic Goals - Huitian's strategy involves a two-pronged approach: first, to penetrate the personal flying and short-distance sightseeing market with the "land aircraft carrier," and second, to develop a long-range commuter flying vehicle for urban transportation [10][11]. - The company is also working on a high-speed long-range flying car, designed to carry six passengers with a range exceeding 500 kilometers and a speed over 360 kilometers per hour [10]. Group 4: Challenges and Innovations - Achieving airworthiness certification is crucial for the commercial operation of eVTOLs, with Huitian focusing on obtaining the most challenging Type Certificate (TC) [7][11]. - The complexity of the supply chain, which merges aviation and automotive industries, poses a significant challenge for Huitian, necessitating a balance between aviation-grade precision and automotive-level efficiency [11].

Core Insights - XPENG AEROHT, Asia's largest flying car company, achieved a significant milestone with the first public manned flight of its modular flying car, the Land Aircraft Carrier, in Dubai, and announced a rebranding to ARIDGE [1][11] Company Developments - The successful manned flight demonstrated the Land Aircraft Carrier's controllability and reliability, following the receipt of a special flight permit from the UAE's General Civil Aviation Authority, making it the first Chinese flying car company to obtain such permission for an overseas manned flight [2][5] - During the Dubai event, the company secured purchase agreements for 600 vehicles from various regional groups, marking the largest overseas bulk purchase in the flying car sector and bringing total global pre-orders to over 7,000 units [5][11] - The Land Aircraft Carrier is the world's first modular flying car to reach mass production, featuring an air module that can detach and reattach automatically, supporting both automatic and manual flight modes [7][9] Manufacturing and Certification - XPENG AEROHT has established an intelligent manufacturing facility in Guangzhou with an annual production capacity of up to 10,000 units, combining aviation-grade standards with automotive efficiency [9] - The company is progressing towards certification, with applications for the Type Certificate and Production Certificate accepted by the Civil Aviation Administration of China, indicating a significant step toward mass-production compliance [10] Brand Transition and Future Products - The rebranding to ARIDGE reflects the company's vision of connecting the sky and earth, transitioning from R&D to large-scale commercialization and international expansion [11] - Under the ARIDGE brand, the company is developing the A868, a high-speed, long-range flying car with a range exceeding 500 kilometers and a top speed of over 360 km/h, aimed at business travel and urban air mobility services [12]

Core Insights - China's first manned eVTOL test flight has been successfully conducted, marking a significant milestone in the development of high-grade commercial passenger eVTOLs [1][3] - The low-altitude economy is gaining momentum, with increasing commercial activities and supportive government policies [2][5] Group 1: Manned eVTOL Developments - The first manned test flight of the Volant VE25-100AC101 took place from October 4 to October 14 at the Zigong test base, validating its initial handling performance and system stability [3] - The VE25-100 is positioned for commercial passenger use, with operational costs per kilometer estimated to be only 1/8 to 1/10 of similar helicopters, indicating strong commercial viability [3] - The aircraft features a wingspan of 16 meters and a maximum takeoff weight of approximately 2.6 tons, making it one of the largest eVTOLs in terms of cabin space and payload capacity [3] Group 2: Industry Trends and Investments - The low-altitude economy is witnessing a shift from "whole machine heat" to "core technology breakthroughs," with significant investments in eVTOL and related technologies [5][8] - In the first half of 2025, nearly 100 financing events occurred in the low-altitude economy sector, totaling over 7.5 billion yuan, with 26 financing transactions in September alone amounting to 4.917 billion yuan [5] - The global manned eVTOL market is projected to reach $225 billion by 2040, with two main segments emerging: personal flight eVTOLs for short, lightweight scenarios and "air taxi" eVTOLs for longer, point-to-point travel [8] Group 3: Strategic Partnerships and International Expansion - XPeng Heitech successfully conducted its first international public flight demonstration of the "land aircraft carrier" in Dubai, marking a key step in the internationalization of China's low-altitude electric manned flight technology [4] - Agreements were signed for the first batch of 600 flying cars in the Middle East, setting a record for the largest overseas order in this field [4] - The establishment of a manufacturing base in Guangzhou for the flying car is set to support mass production by 2026 [4][7]

Core Viewpoint - Xiaopeng Huitian successfully conducted the world's first manned public flight demonstration of its split-type flying car "Land Carrier" in Dubai, marking a significant milestone in the eVTOL market [3]. Group 1: Company Developments - Xiaopeng Huitian signed agreements for the first batch of 600 flying cars in the Middle East with various local groups, bringing its total orders to 7,000 units [3]. - The company plans to start mass production and delivery in the domestic market by Q4 2026, with sales to the Middle East market expected to begin in 2027 [3][4]. - The flying car manufacturing base has been completed with an annual production capacity of 10,000 units, capable of producing one flying vehicle every 30 minutes once fully operational [4]. Group 2: Market Insights - According to a Boston Consulting report, the global manned eVTOL market is projected to reach $225 billion by 2040, with the Middle East market expected to reach $11.7 billion, where personal flying eVTOLs will account for nearly 85% [3]. - The future eVTOL market is expected to evolve into two main segments: personal flying eVTOL focused on short-distance experiences and training, and urban eVTOL for long-distance point-to-point travel [5].

Core Insights - Xiaopeng Huitian has successfully conducted the world's first manned public flight demonstration of its split-type flying car "Land Carrier" in Dubai on October 12, 2023 [1] - The company signed agreements for the first batch of 600 flying cars in the Middle East with several local groups, bringing the total orders for the "Land Carrier" to 7,000 units [1] - The company is developing a high-speed long-range flying car named A868, which is designed for a range greater than 500 km and a speed exceeding 360 km/h, expected to be showcased in Guangzhou in November [1] - According to a Boston Consulting report, the global manned eVTOL market is projected to reach $225 billion by 2040, with the Middle East market expected to reach $11.7 billion, where personal flying eVTOLs will account for nearly 85% [1] Company Plans - Xiaopeng Huitian plans to start domestic mass production and delivery in Q4 2026, with sales targeting the Middle Eastern consumer market beginning in 2027 [2] - The company's flying car manufacturing base has been completed, with an annual production capacity of 10,000 units, aiming for production to officially commence in 2026, with a vehicle rolling off the line every 30 minutes [2] Market Trends - The future manned eVTOL market is expected to evolve into two main segments: one focusing on short-distance, lightweight personal flying eVTOLs for sightseeing and flight training, and the other on long-distance point-to-point travel eVTOLs between cities [2]

Core Insights - Xiaopeng Huitian successfully conducted its first public manned flight demonstration of the flying car "Land Aircraft Carrier" in Dubai, unveiling its international brand "ARIDGE" and signing agreements for the first batch of 600 flying cars in the Middle East [1][2] Group 1: Market Entry and Partnerships - Xiaopeng Huitian has signed agreements with Ali & Sons Group, Almana Group, AlSayer Group, and the UAE Chinese Chamber of Commerce for 600 flying cars, marking the largest overseas order in this sector [2] - The company plans to enter the Middle East market as early as 2027 and has already obtained a manned aircraft license in Ras Al Khaimah, UAE, in September 2025 [2] - A strategic cooperation agreement was signed with the local transportation authority to advance the development and certification of flying car technology [2] Group 2: Production and Capacity - The flying car manufacturing base in Guangzhou has been completed and is set to begin mass production in 2026, with an annual production capacity of "ten thousand units" [3] - The facility is the world's first to utilize a modern assembly line for large-scale production of flying cars, aiming to produce one aircraft every 30 minutes once fully operational [3] Group 3: Product Development - The company is developing a hybrid long-range flying car named A868, designed for a range greater than 500 kilometers and a maximum speed exceeding 360 kilometers per hour, expected to be showcased in Guangzhou in November [4] - The A868 aims to meet long-distance travel needs and will complement the "Land Aircraft Carrier" in creating diverse low-altitude application scenarios [4] - The CFO stated that this year marks a critical transformation for the company, transitioning from exploration to implementation, with a focus on expanding the flying car product category [4]

Core Insights - The article highlights the successful public flight of the "Land Aircraft Carrier," a split-type flying car developed by Guangdong Huitian Aerospace Technology Co., marking a significant milestone in the personal flying era [2][10][12] - Huitian has launched its international brand "ARIDGE" and a new logo, signaling its global expansion efforts and the establishment of a new brand identity [13][14] - The company has signed a historic order for 600 flying cars in the Middle East, the largest overseas order in the flying car sector to date, laying a solid foundation for its global market penetration [5][12] Company Developments - Huitian's "Land Aircraft Carrier" has successfully completed its first manned flight, demonstrating its technological maturity and operational capabilities [8][10] - The flying vehicle supports both manual and automatic driving modes, with the manual mode designed to simplify operation, making flying more accessible [8][10] - The company plans to enter the Middle Eastern market by 2027, with existing orders already in place [4][11] Market Strategy - The Middle East is identified as Huitian's first strategic high ground for global expansion, with a significant order base established [4][5] - The company aims to leverage the projected growth of the global eVTOL market, expected to reach $225 billion by 2040, with the Middle East market alone projected at $11.7 billion [11] - Huitian's new brand "ARIDGE" symbolizes its vision of becoming a global leader in low-altitude products, enhancing its market presence [13][14] Production and R&D - Huitian's manufacturing facility, capable of producing up to 10,000 units annually, is set to begin operations in 2026, marking a new phase of large-scale production for Chinese flying cars [17] - The company is also developing a new high-speed, long-range flying car named A868, targeting long-distance travel needs [18] - Huitian has received a total of 7,000 orders for the "Land Aircraft Carrier," indicating strong market demand [15]