AI valuations take flight, while China’s low-altitude economy crashes into reality
"It's always all about money. Anything AI requires a tremendous amount of investment." – on Kuaishou’s decision to spin off its Kling AI video unit Rene Vanguestaine Key Takeaways: Kuaishou's…
Beijing light aircraft crash slows China’s eVTOL ambitions
The accident has put China’s low-altitude aviation dream under new scrutiny just as eVTOL pioneer EHang is struggling to turn flight certificates into passengers and sales Key Takeaways: A high-profile…
EHang continues working toward regular eVTOL commercial operations
EHang Holdings Ltd. (EH.US) said on Tuesday its revenue fell slightly year-on-year in the first quarter, as it works with China’s aviation regulator to address additional operational and safety requirements…
Volant fuels up for Hong Kong IPO with $450 million in new funds
The 5-year-old eVTOL maker’s latest fundraising includes backers like Legend Capital and HSG, formerly known as Sequoia China, who join investors tied to the Shanghai government Key Takeaways: Volant has…
EHang tries to break from holding pattern with new longer-range aircraft
The electric vertical take-off and landing aircraft maker unveiled its second major model with a range of up to 200 kilometers, complementing its original model for short distances Key Takeaways:…
BRIEF: EHang reports wider loss, slashes 2025 revenue guidance
Autonomous aerial vehicle maker EHang Holdings Ltd. (EH.US) reported on Tuesday that its second-quarter revenue totaled 147.2 million yuan ($20.5 million), up 44.2% from a year earlier and 464% from…
BRIEF: EHang and Gotion High-Tech strengthen partnership
Autonomous aerial vehicle maker EHang Holdings Ltd. (EH.US) on Tuesday announcedthat it will deepen its partnership with battery maker Gotion High-Tech Co. Ltd. (002074.SZ), which is providing customized solutions for…
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