CHINA'S EHANG 216 AIR TAXI & BIG CARGO TAXI
World's 1st Drone Cleared for Heavy Cargo Trials Source: Ehang Booming Drone Business China's Ehang is the world's 1st autonomous aerial vehicle (AAV) & eVTOL company approved to perform commercial trials of carrying heavy cargo in its passenger drones. The pilotless Ehang 216 drones can carry two passengers, go up to 80 mph and travel a distance of 19 miles. It's now the first drone company in the world that is cleared to perform a series of trial tests with the drone carrying cargo loads of 330 pounds and more. Global Market Size Ehang founder and CEO Hu Huazi says the Chinese regulatory authority's clearance will accelerate the commercialization of AAV/eVTOL technology and air mobility solutions for logistics. He adds it's a foundation for the world to establish a coordinated and sustainable regulatory environment. The global market potential for eVTOLs is huge. Morgan Stanley estimates it at $1.5 Trillion by 2040. 30%...