EHang has announced that it has signed a strategic cooperation agreement with the Management Committee of Guangzhou Airport Economic Zone, the Administrative Committee of Guangzhou Economic and Technological Development District (“Guangzhou Development District Administrative Committee”), and Guangzhou Automobile Group Co., Ltd.. All parties say they will fully leverage their respective strengths and resources to jointly create a robust low-altitude industry ecosystem, which will contribute to Guangzhou’s leadership in the trillion-dollar low-altitude sector and facilitate the high-quality development of the low-altitude economy.
According to the Agreement, GAC Group and EHang will join forces in research and development, production, sales, and other areas to strengthen the low-altitude market. GAC Group is set to fully capitalise on its extensive expertise in smart manufacturing and its well-structured industrial chain to accelerate the production, adoption and market expansion for EHang’s passenger-carrying unmanned aerial vehicles (“UAVs”). Meanwhile, according to the press release “EHang will maximise its expertise in developing and integrating passenger-carrying UAVs to support the development of GAC Group’s flying cars. The joint effort will be dedicated to accelerating the layout of the low-altitude industry in Guangzhou, injecting strong momentum into the rapid growth of Guangzhou’s low-altitude industry.
“The Management Committee of Guangzhou Airport Economic Zone and the Guangzhou Development District Administrative Committee will initially focus on airspace management, infrastructure development and policy support to carry out the delineation of low-altitude airspace and air routes, establish low-altitude flight service stations, and promote deep cooperation between the government and enterprises. The initiative will provide support to EHang and GAC Group for their technology research and development, production, and promotion for product applications in Guangzhou.
“Previously, the Guangzhou Economic and Technological Development District and the Huangpu district of Guangzhou issued “Measures for Promoting High-Quality Development of Low-Altitude Economy in Guangzhou Economic and Technological Development District (Huangpu District)” (“10 Measures for Low-Altitude Industry”) and detailed policies to encourage and support the development of the low-altitude economy industry with meaningful rewards and subsidies. This strategic cooperation is an excellent reflection following China’s Central Economic Work Conference’s calls for accelerating strategic emerging industries such as the low-altitude economy and promoting industrial advancements through technological innovation. This is a key result from China’s strategies to generate new industries, models, and momentum and develop new quality productivity with disruptive and progressive technologies. The cooperation will also help solidify the high-quality development of the low-altitude economy and widely add strength for building the low-altitude economic industry in the Greater Bay Area.”
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