Autocraft from the United Arab Emirates (UAE) signed a memorandum of understanding with Chinese electric vertical takeoff and landing (eVTOL) maker Shanghai TCab Technology Co., Ltd. for the purchase ...

UAE's Autocraft signed a 1-bln-USD deal with China's TCab Tech in Shanghai on purchasing 350 E20 eVTOL aircraft. This marks China's largest single intent order for eVTOLs to date, underscoring the ...

China’s eVTOL startups continue to make rapid progress with new financing and pre-orders. XPeng AeroHT has completed a $250 million Series B funding round to complete develop and launch production of ...