DAILY INNOVATION BRIEF by Maryanne Kane, Journalist
D A ILY INNOVATION BRIEF By Journalists Edward Kane & Marya nne Kane CHINA MAKES HISTORY WITH FLYING TAXI China has given flying car maker Ehang the world's first full, aviation authority approval to fly passengers in fully autonomous air taxis. Here are the facts: Ehang is the world's 1st flying taxi to get full certification to fly Certification is to fly in China EH216-S AAV is fully operational, fully autonomous and carries 2 passengers Company says it will expand operations beyond China in 2024 Vehicle is an eVTOL Ehang is Guangzhou, China based and is US-listed Ehang is now deciding what cities to start service China's airworthiness approval will make it easier to get okays from the US, Europe and Southeast Asia for commercial operations Ehang has 1200 orders for its vehicles from outside of China Ehang has a market cap of $1 billion and its share price has doubled this year. SHAPE OF THINGS ...