In recent years, the global search for the future of transportation has entered a new stage. As a new type of electric aircraft, the electric vertical take-off and landing (eVTOL), also known as the “flying car”, is gradually coming into the spotlight, and China is leading the way in this field with its extensive pilot program and innovative policies.
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According to an Indian website Passionategeekz on November 18, 2024, Sun Weiguo, director of the General Aviation Business Department and UAV Working Committee of the China Air Transport Association, revealed at the 2024 International Electric Aviation (Kunshan) Forum that the Central Air Traffic Management Commission will soon launch eVTOL pilots in six cities, including Hefei, Hangzhou, Shenzhen, Suzhou, Chengdu and Chongqing.
The implementation of this policy heralds a new height in China’s strategic layout in terms of low-altitude economy and future urban transportation. This is not only a milestone in China’s technological development, but also a global urban and economic development solution.
The core of the concept of the low-altitude economy is to transform the previously underutilized low-altitude airspace from a “natural resource” to an “economic resource”, and eVTOL is the catalyst for this resource transformation. Functions such as freight logistics, urban commuting, and emergency response through eVTOL technology can bring more possibilities to urban spaces.
Many business leaders are optimistic about this, for the eVTOL can achieve vertical take-off and landing without runways. Compared to helicopters, eVTOLs are mechanically simpler and less expensive to manufacture and maintain. If you take into account the labor cost savings of unmanned driving and the energy advantage of pure electricity, the comprehensive operating cost of eVTOL will be reduced to about one-fifth of that of a helicopter, or even lower.
The response from financial markets has also been clear. As soon as the news of the eVTOL pilot came out, China’s low-altitude economic concept was pulled up by local changes. Sichuan Jiuzhou stocks rose in a straight line, the price was 13.31 yuan, the amplitude was 14.96%, and the total turnover was 630 million yuan. At the same time, stocks such as Zongshen Power, Wanfeng Aowei, and Tunnel Co., Ltd. Also followed suit.
According to the data, the scale of China’s low-altitude economy will exceed 500 billion yuan in 2023 and is expected to reach 2 trillion yuan in 2030. Clearly, China has found another special catalyst for economic growth.
In addition, the technology and policy-driven approach of launching eVTOL pilots has shown the world the sustainability of China’s solutions.
On the one hand, eVTOL relies on electrification technology, and its clean energy drive mode effectively reduces carbon emissions, making an important contribution to the sustainable development of cities. On the other hand, the Chinese government has also ensured the smooth development of this emerging industry through financial support, industrial park construction and regulatory formulation.
In Shenzhen, for example, the city is building a low-air conditioning center, a test base and a digital management platform. Local governments support the development of enterprises throughout their life cycle and the establishment of special funds pilot zones. This in-depth cooperation model between the government and enterprises not only promotes industrialization, but also provides a reference for the world.
Philip Butterworth-Hayes, editor-in-chief of Urban Air Mobility News, praised the Chinese government’s support for eVTOL infrastructure. He pointed out that China’s coordination at the level of policy, technology and urban planning is a template for the future development of global urban air mobility.
With the improvement of economic development and scientific and technological level, the future city will surely extend to the blue sky. Through the exploration of pilot cities, China not only demonstrates the possibilities of low-altitude economy, but also provides a comprehensive solution for the construction of future cities. From building standardized take-off and landing points to building intelligent dispatching systems and achieving policy and technology synergy, China’s eVTOL program provides a clear path for cities to transform to smart and green.
As Andrew Charlton, Managing Director of Aviation Advocacy, commented, China’s leadership in piloting eVTOL technology on a large scale, particularly in Shenzhen, shows the potential to combine innovation with business and environmental goals. He believes that China’s progress in integrating smart cities with low-altitude economies has set the industry benchmark.
The eVTOL pilot program is not only another peak of China’s scientific and technological innovation, but also an important driving force for the upgrading of global cities.
When the eVTOL aircraft crosses the blue sky, it carries not only a technological breakthrough, but also a connected, green and efficient future. China’s exploration is inspiring the rest of the world to do the same, creating a new pattern of borderless and sustainable global urban living.
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