China’s dominance in drone manufacturing is no accident. It’s the result of a calculated blend of industrial policy, technological innovation, and supply chain mastery that has propelled the country to control 70-80% of the global commercial drone market as of 2025. From consumer quadcopters to military-grade unmanned aerial vehicles (UAVs), Chinese manufacturers like DJI have set the pace for an industry projected to grow from USD 73.06 billion in 2024 to USD 163.60 billion by 2030, with a compound annual growth rate (CAGR) of 14.3%.
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), a global leader in Urban Air Mobility (“UAM”) technology, has inaugurated its groundbreaking Exhibition (Experience) Center in Shenzhen’s Luohu Sports and Leisure Park.
GUANGZHOU, China, May 20, 2024 – EHang Holdings Limited (Nasdaq: EH), a global leader in Urban Air Mobility (UAM) technology, announced impressive financial results for Q1 2024, achieving substantial revenue growth and critical operational milestones.
In the wake of the automotive electric revolution, the sky appears to be the next frontier. A segment once earmarked for futuristic sci-fi flicks, air taxis and electric flying cars are rapidly transitioning from fantasy to reality. As metropolises sprawl and urban traffic congestion worsens, the push for novel transit solutions intensifies.
HELI-EASTERN is a major low-altitude general aviation carrier and helicopter service provider in the Guangdong-Hong Kong-Macao Greater Bay Area (“Greater Bay Area”) in China. It has also been designated by the Civil Aviation Administration of China (“CAAC”) and the Shenzhen Municipal Government as a pilot unit for low-altitude aviation reform in China. The ground-breaking partnership will explore and further implement urban air mobility (“UAM”) operations in the designated integrated airspace for helicopters and AAVs in Shenzhen, China. This is an important milestone in implementing EHang’s 100 Air Mobility Routes Initiative in the Greater Bay Area.