In a significant development for China's rapidly growing low-altitude economy, over 100 Chinese companies and research institutions have joined forces to form the China Low Altitude Economic Alliance. Officially established in Beijing in August 2024, the alliance aims to promote developing and implementing the low-altitude economy across cities in mainland China. The Chinese government, both at the central and local levels, is heavily promoting the development of the low-altitude economy.
Advanced Air Mobility AAM
As Los Angeles gears up to host a series of major sporting events, including the 2026 World Cup, the 2027 Super Bowl, and the 2028 Summer Olympics, Archer Aviation is preparing to launch a groundbreaking urban air mobility network that promises to redefine transportation in one of the world's most congested cities.
Lyte LA-44 SkyBus: Next-Generation Regional Aviation aircraft with Hydrogen-Electric VTOL Technology
A groundbreaking aircraft is poised to remake regional transportation in the rapidly evolving aviation landscape. The Lyte Aviation LA-44 SkyBus, a 40-seat electric Vertical Take-Off and Landing (eVTOL) aircraft, represents a bold step towards sustainable, efficient, and flexible air travel. By combining innovative design with cutting-edge hydrogen-electric propulsion, the LA-44 aims to bridge the gap between traditional commuter aircraft and the emerging world of urban air mobility.
Minnesota has become the second state in the U.S. to enact legislation regulating flying cars, following New Hampshire's lead with the passage of its "Jetsons Law," which will take effect on August 1, 2024. This new law establishes a framework for registering and operating "roadable aircraft," paving the way for a potential future where vehicles can transition seamlessly between road and sky.
GUANGZHOU, China, July 29, 2024 – EHang Holdings Limited (Nasdaq: EH), a leader in urban air mobility (UAM) technology, announced the delivery of the first batch of 10 EH216-S pilotless electric vertical takeoff and landing (eVTOL) aircraft to Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (Xishan Tourism). The delivery was completed, and the debut passenger-carrying flights took place in Taiyuan, Shanxi, on July 28, 2024.