SMRTR Science & EngineeringNov 14, 2024Interesting Engineering

Grounded in EVs, soaring in eVTOLs: China’s path to air mobility leadership

SMRTR summary

China's eVTOL industry is experiencing rapid growth, with over 30 new startups emerging in the past two years amid surging investments. The sector is expected to reach a value of 529 billion yuan ($73 billion) by 2035, with 50,000 eVTOLs in operation, as companies experiment with different designs and commercialization strategies while navigating regulatory changes and supply chain challenges.

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