China’s flying car makers target deliveries this year as passenger flights near reality

AI Summary
China's "low-altitude economy" is rapidly advancing, with passenger flights in flying cars potentially beginning as early as 2026. Backed by government support and a growing number of electric vertical take-off and landing (eVTOL) vehicle manufacturers, the country is moving closer to commercializing this technology. Seven eVTOL manufacturers are projected to begin delivering vehicles before the end of 2024. Local governments in cities like Shanghai and Shenzhen are preparing to ease regulations for low-altitude air travel, paving the way for broader passenger services. GOVY, a flying car unit of GAC, recently secured 2,000 orders, signaling increased confidence in the near-term arrival of commercial operations within the existing regulatory framework that permits passenger transport in low-altitude airspace.
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