Shanghai aims to become 'world's eVTOL capital'

CnEVPost01-04

Shanghai targets an annual output value of about RMB 80 billion ($11.4 billion) for the core industries of its low-altitude economy by 2028. The city targets establishing mass production capabilities ...

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Image credit: CnEVPost)\nShanghai, a megacity in eastern China, aims to become the \"world's eVTOL capital\" as China's low-altitude economy accelerates.\nThe Shanghai government outlined this goal in a document released today to expedite the development of an advanced manufacturing cluster for the low-altitude economy.\neVTOL stands for Electric Vertical Takeoff and Landing, often referred to as flying cars.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\nShanghai aims to achieve a core low-altitude economy industry scale of about RMB 80 billion ($11.4 billion) by 2028, according to the document.\nThe city's goal is to establish a complete industrial chain system for new low-altitude aircraft by that time, build a national advanced manufacturing cluster for the low-altitude economy, and accelerate its progress toward becoming the \"world's eVTOL capital\" with distinct comparative advantages, the document said.\nShanghai aims to cultivate and attract a total of 10 leading manufacturers of eVTOLs, industrial-grade drones, and new-energy general aviation aircraft by 2028.\nThe city targets achieving mass production capacity for over 500 new-generation aircraft by that time, driving more than RMB 20 billion in new investments across the industrial chain.\nShanghai will also actively integrate into the global low-altitude economy market and accelerate the overseas expansion of low-altitude equipment, the document says.\nOver recent years, China has relaxed restrictions on low-altitude airspace, positioning eVTOLs as the next promising sector.\nBy 2030, China could see 100,000 eVTOLs entering households or operating as air taxis, according to a November 2024 report by the China Low Altitude Economic Alliance.\nGuangzhou-based Xpeng's (NYSE: XPEV) flying car subsidiary Aridge has established a mass-production facility in Guangzhou, targeting mass production and delivery of its modular flying car by 2026.\nChery (HKG: 9973), GAC Group, Changan Automobile, and FAW Group are also developing their own flying car products. Last month, Anhui Jianghuai Automobile Group Corp (JAC) established a laboratory to explore flying car technology.\nEarlier this week, rumors surfaced that BYD planned to launch flying cars, but these were denied.\n\n\n\n\n\n\n\n\n\nCATL-backed Autoflight unveils water-based vertiport to expand eVTOL network\nThis marks the first integrated sea-air solution in the eVTOL sector, extending eVTOL infrastructure to water areas.\n\n\neVTOL\nNov 22, 2025\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n($1 = RMB 6.9937)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2600047236","isCrawlerRequest":true}