The Chinese city of Shanghai has set out a new strategy for aerospace development that aims to make it the world’s eVTOL capital by 2028.
According to policy documents, Shanghai’s ‘low-altitude economy’ could reach a value of CNY80 billion (US$11.4 billion) within two years. 10 leading firms will form a cluster for development, including eVTOl, drone, and other advanced air mobility (AAM) companies. Through investment across the supply chain, the city is targeting the production of 500 low-flying aircraft a year by 2028.
Shanghai is already established as China’s hub for eVTOL development. More than half of the country’s industry is concentrated there, including leading developers such as Vertaxi and TCab. EHang, based further West in Guangzhou, is another advanced eVTOL developer whose autonomous air taxis were recently trialled in a real-world test in Bangkok, Thailand.
Chinese businesses face stiff competition in the eVTOL adoption race. Middle Eastern countries including Bahrain, Saudi Arabia, and the United Arab Emirates (UAE) have all signed partnerships with rival Western AAM companies, including Eve Mobility and Joby. Dubai in the UAE plans to launch its first commercial air taxi services later this year, while through Archer Aviation the city of Miami in the US also hopes to see eVTOLs take flight in 2026.
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