The Low-Altitude Economy Explained: The dramatic Transformation of urban air space

Xara Ban Low Altitude Economy 22 July 2024

The term "low-altitude economy" originated in China and refers to the economic activities and industries centered around civil manned and unmanned aerial vehicles operating at low altitudes, typically below 1000 meters. This emerging sector encompasses various activities utilizing UAVs (Unmanned Aerial Vehicles), eVTOLs (electric Vertical Take-Off and Landing aircraft), and other low-altitude flying vehicles for various applications.

EHang Secures Landmark Order for 300 eVTOL Aircraft, Propelling China's Low-Altitude Economy

Xara Ban Low Altitude Economy 25 June 2024

EHang Holdings Limited (Nasdaq: EH), a global pioneer in autonomous aerial vehicle (AAV) technology, has announced a groundbreaking partnership with Wencheng County in Zhejiang Province, China. This collaboration marks a significant milestone in developing China's low-altitude economy and urban air mobility (UAM) sector. With this agreement, Wencheng County joins other pioneering regions in China, such as Guangdong province and Beijing, in embracing eVTOL technology. Together, these forward-thinking initiatives are positioning China at the forefront of eVTOL technology adoption and implementation.

Guangdong China's low-altitude economy gains momentum

Bright Ibeawuchi Low Altitude Economy 24 May 2024

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a dynamic region with major cities like Guangzhou, Shenzhen, Hong Kong, and Macau. As of the latest data, the GBA has over 86 million people. The region is a major economic powerhouse, with a GDP of approximately USD 1.88 trillion. The per capita GDP in this region is over USD 23,300, reflecting its high economic productivity and living standards, making the GBA one of the most economically significant areas in the world.

Related articles::
- EHang’s EH216-S Pilotless eVTOL Successfully Completed Its Debut Flight in Latin America.
- The low-altitude Economy: China’s Urban Air Mobility Vision

The low-altitude Economy: China’s Urban Air Mobility Vision

Bright Ibeawuchi Low Altitude Economy 12 January 2024

The low-altitude Economy: China’s Urban Air Mobility Vision

China’s low-altitude economy is projected to contribute between US$422 billion and US$700 billion to China’s economy by 2025. The low-altitude economy encompasses various industries focused on crewed and uncrewed civil aerial vehicles, with a strong integration with the artificial intelligence (AI) and power battery industries. Significant developments in low-altitude aviation are underway in various regions of China. For instance, tests are being conducted for drone prototypes in Hefei, Anhui Province, including commercial sightseeing and food-delivery drones.