low-altitude economy

New Business

Flying taxis prepare for lift-off in China as first companies gain key licence

China has taken a major step towards creating a commercial flying taxi industry, after regulators granted the country’s first-ever approvals…

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New Business

China tests huge transport drone capable of airlifting over 1 ton of goods

China’s first unmanned transport aircraft capable of hauling over 1 ton of goods has completed its maiden flight and is…

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New Business

Xpeng chairman sees Hong Kong as launch pad for self-driving EVs

Chinese electric vehicle (EV) maker Xpeng Motors hopes to make Hong Kong a launch pad for its autonomous driving technology…

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New Business

China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion…

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New Business

Nowhere to go but up: China’s farming drones take root as industry grows

When Wang Fei started his agricultural drone company five years ago, the distinctive whirr of the autonomous vehicles went practically…

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New Business

China launches low-altitude economy unit to drive 2025 growth

China has set up a new department to oversee its low-altitude economy, in a landmark boost to the fast-expanding sector…

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New Business

State Council guideline encourages private investment in China’s railways

China is encouraging private sector participation in its railways as part of efforts to enhance the integration and openness of…

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New Business

China’s ‘hidden infrastructure’, tech upgrades to empower investment potential

Necessary upgrades to China’s ageing urban infrastructure could see China spend upwards of 4 trillion yuan (US$551 billion) over the…

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New Business

Chinese drone prepped for mass production as demand for aerial deliveries soars

A Chinese drone maker is preparing to mass produce a small, speedy six-tonne aircraft ideal for the “low-altitude economy”, whose…

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Tech

AeroHT, flying car affiliate of Chinese EV maker Xpeng, raises US$150 million in financing

“The fresh capital will strengthen AeroHT’s research and development, realise mass production of our products and speed up the commercialisation…

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