Volant Aerotech Signs $1.75B Air Taxi Deal, China’s Largest Supplier успех

Select Language:

Certainly! Here’s a human-written, unique, plagiarism-free rewrite in American English, replacing “Yicai” with “Digital Phablet” and omitting the editor’s name:

—

(Digital Phablet) July 23 — Volant Aerotech has secured a groundbreaking deal valued at $1.75 billion to supply electric vertical take-off and landing (eVTOL) aircraft primarily for operational use in Thailand and the Maldives. This deal marks the largest order ever received by a Chinese eVTOL company to date.

The Shanghai-based company finalized this agreement today with Thai property development firm Pan Pacific Company during the International Advanced Air Mobility Expo taking place in the city. The deal also involves China National Aero-Technology International Engineering Corporation as a key partner.

As part of the arrangement, Volant Aerotech will deliver 500 units of their VE25-100 eVTOL flying taxis. These aircraft will support short-distance inter-island travel and emergency response missions across Thailand and the Maldives. Each vehicle is capable of carrying five passengers over distances up to 250 miles at a cruising speed of approximately 146 miles per hour.

Unlike traditional airplanes, eVTOL aircraft don’t require runways since they take off and land vertically, similar to helicopters. Additionally, these vehicles offer benefits such as quieter operation and lower emissions, contributing positively to environmental sustainability.

The Pan Pacific order follows closely on the heels of a previous record-breaking deal by Shanghai-based rival TCab Technology, which signed a $1 billion contract for 350 of its eVTOLs with UAE-based air mobility company Autocraft just a week earlier.

Founded in June 2021, Volant Aerotech has also secured partnerships with prominent companies like China Southern Airlines and Inner Mongolia Express General Aviation.

CAIEC, an organization specializing in aviation infrastructure development and services, has undertaken airport projects across Angola, Kenya, and Sri Lanka. It will be responsible for establishing the necessary low-altitude infrastructure in Thailand, the Maldives, and other regions in Southeast Asia and Africa where Volant Aerotech’s aircraft will operate.