Core Insights - The eVTOL (electric Vertical Take-Off and Landing) industry is poised to replicate the explosive growth seen in China's electric vehicle market a decade ago, becoming a key element in China's manufacturing upgrade and international presence [2] Industry Overview - The low-altitude economy, centered around low-altitude flight activities, is expected to drive the development of infrastructure, aircraft manufacturing, operational services, and flight safety, spanning across various industries [1] - The market size for China's low-altitude economy is projected to reach 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, indicating a significant growth opportunity [1] Technological Developments - The eVTOL aircraft showcased at the China International Supply Chain Promotion Expo can carry five passengers and operate autonomously, with ground control ensuring safety during flight [1] - Various companies, including GAC Group and XPeng, are introducing their own eVTOL models, indicating a competitive landscape in the low-altitude flight sector [3] Environmental Impact - The eVTOL industry is seen as a crucial area for promoting green and low-carbon transformation, with the potential to alleviate ground traffic pressure and contribute to achieving China's carbon emission goals [3]

Core Insights - The third China International Supply Chain Promotion Expo showcased advancements in the flying car and drone industries, highlighting the growing interest and investment in low-altitude economy [1][2][3] Industry Overview - The low-altitude economy is a strategic emerging industry in China, with the Civil Aviation Administration of China projecting a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [2] - The expo introduced a new advanced manufacturing chain drone exhibition area, featuring multiple companies and their drone products [3] Company Highlights - Gao Yu Group's flying car brand showcased the GOVY AirCab, the first mass-produced multi-rotor flying car, with pre-orders exceeding 1,000 units and plans for certification and mass production by the end of 2026 [1][5] - Xiaopeng Motors presented its "land aircraft carrier" flying car, set to launch in 2026, and introduced its self-developed Turing AI chip, which can be used in AI cars, robots, and flying cars [6][9] - YF Future displayed its 2-ton electric vertical takeoff and landing aircraft (eVTOL) M1, aiming for cost-effective urban air mobility by 2030 [10][11] - EHang Intelligent showcased its EH216-S unmanned aerial vehicle, which sold 216 units last year, primarily for low-altitude tourism [14] Technological Innovations - ZheJiang Voda Technology introduced a drone fast-charging ecosystem that can recharge drones in 5 minutes, utilizing lithium battery fast conduction technology for extended lifecycle [5] - Zongheng Co. presented its CW series drones, designed for versatility in various applications, including emergency response and power surveying [3]