China’s 10-passenger electric aircraft hints at how big flying taxis can be


By E. EDUARDO CASTILLO

KUNSHAN, China (AP) — A glimpse of what the future of flying taxis might look like can be seen in this southeastern Chinese city.

The Matrix is still a prototype.

Some other companies in China are also building eVTOL aircraft. One in Guangdong province, EHANG, has already been granted a certification by authorities to offer commercial passenger services. That hasn’t happened yet. Apart from permits, flying taxis are not yet cruising the skies because they need facilities to support them.

As part of what is known as the “low-altitude economy,” what is already a reality is the use of drones for food delivery, like in the southern Chinese city of Shenzhen.

Gary Ng, a senior economist at Natixis Corporate and Investment Banking, has followed the development of the industry. He said China needs to overcome various hurdles, including guaranteeing safety, building required infrastructure and sorting out logistics such as routing.

“All of this ecosystem surrounding the technology itself is also still underdeveloped at this point,” he said. “I would say it would take at least another three years to see something more viable.”

Watching the Matrix demonstration, it seems possible to see such aircraft in the skies. But can we really foresee a future with electric flying aircraft?

“We really believe it will happen,” Yang said. “But this is not (only) AutoFlight’s job, it’s the whole ecosystem,” he added.

Associated Press writer Kanis Leung contributed from Hong Kong.



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