EHang partners with Changan Automobile to develop flying cars, focusing on future mobility ecosystem technologies.

From GlobeNewswire: 2024-12-21 07:12:25

EHang Holdings Limited signed a strategic cooperation agreement with Changan Automobile to develop flying car-related products, including eVTOL aircraft. The joint venture will focus on future mobility ecosystem technologies, leveraging EHang’s aerial vehicle development capabilities and Changan’s manufacturing foundation. China’s low-altitude economy is a strategic industry, with a market projected to reach 3.5 trillion yuan by 2035. Chongqing’s low-altitude economy development strategy supports partnerships like EHang and Changan’s collaboration, aiming to introduce innovative three-dimensional transportation solutions for challenging terrains. Changan Automobile plans to invest over 100 billion yuan in integrated mobility solutions across land, sea, and air in the next decade.



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