In science fiction films, the "aerial taxi" shuttling over the city is gradually entering reality.
Today, Yihang EH216-S, the world's first domestically developed "air taxi" to obtain airworthiness certification, was launched on Taobao with a price tag of 2.39 million yuan. At present, the number of followers of Yihang Taobao store has exceeded 10000.
According to the product page, the product is in pre-sale status and will be shipped within 30 days after placing the order. The latest sold quantity is 0, and the system shows "Completed, but there are still people who have not paid". The Science and Technology Innovation Board Daily inquired about the inventory quantity of customer service, but as of publication, no response has been received.
EH216-S is a fully intelligent unmanned aerial vehicle that can carry two people and achieve fully intelligent low altitude flight without the need for a runway. Last December, the product obtained a standard airworthiness certificate issued by the Civil Aviation Administration of China, becoming the world's first unmanned manned electric vertical takeoff and landing (eVTOL) aircraft to obtain an airworthiness certificate. Its domestic official guide price is 2.39 million yuan, and its overseas official guide price is 410000 US dollars.
Yihang Intelligence is the leader in eVTOL. The company just disclosed its performance on the evening of March 15th, with a revenue of 56.6 million yuan in the fourth quarter of 2023, a year-on-year increase of 261%; The net profit attributable to the parent company was -72.26 million yuan, a year-on-year decrease of 34.23%. It is expected to have a revenue of approximately 58 million yuan in the first quarter of 2024, a year-on-year increase of approximately 160%.
The company stated that in the fourth quarter, EH216-S obtained the world's first unmanned manned eVTOL aircraft model certificate and standard airworthiness certificate. The demand for EH216-S from customers has surged, and the market has responded positively, driving strong revenue growth in the fourth quarter of fiscal year 2023. In the fourth quarter of 2023, Yihang Intelligence delivered a total of 23 EH216 series products, with a total of 52 delivered throughout the year, showing a significant increase from 21 in 2022.
Driven by performance, on March 15th local time, the stock price of Yihang Intelligent in the United States surged significantly, closing up nearly 13% at $15.37 per share.
Yihang Intelligent has recently signed an agreement with Wuxi Transportation Bureau, Liangxi District, and Liangxi Science and Technology City to jointly build Yihang Intelligent EVTOL Low Altitude Economy Industrial Base and Operation Headquarters Project. Yihang Intelligence will cooperate with Liangxi District and Liangxi Science and Technology City to build EVTOL low altitude application demonstration scenarios, layout the first unmanned aerial vehicle manned low altitude route in Jiangsu Province, open short distance sightseeing tourism routes around the ancient canal tourism resort, and build the first batch of low altitude economic demonstration sites and cultural, commercial, sports, and tourism integrated development IPs.
In early February, Yihang Intelligence also reached a strategic cooperation agreement with Guangzhou Airport Commission, Guangzhou Development Zone Management Committee, and Guangzhou Automobile Group. The Guangzhou Airport Commission and Guangzhou Development Zone Management Committee will carry out low altitude airspace and route planning, and build low altitude flight service stations; Last year, cooperation was also reached with the governments of Hefei City and Bao'an District in Shenzhen.
Low altitude economy is an emerging integrated economic form of "aviation+" style. In recent years, China has intensively introduced relevant industrial policies, deepened airspace reform, and promoted the development of low altitude economy from exploration.
CITIC Securities pointed out that aviation is the main industry of the low altitude economy, and the drone industry is its dominant industry. The combination of the two is a development hotspot for urban air traffic UAM, while eVTOL is the mainstream form of UAM. The low altitude economy has strong industrial radiation and is expected to generate a trillion yuan industrial scale. The new track will improve infrastructure and operational construction on the basis of the aviation industry, expand more advanced aircraft technology, expand new application scenarios, and provide more development increment for related industries.
It is worth mentioning that, perhaps due to the impact of this news, many stocks in the low altitude economic sector rose to the limit today. As of the close, Laisi Information and Zongheng Shares have raised their daily limit by 20CM; Yongyue Technology, Lingnan Holdings, Shanggong Shenbei and others have hit the limit up.
Among them, Lingnan Holdings, Radio and Television Metrology, Guoxuan High tech, and * ST Xiyu all have cooperative relationships with Yihang Intelligence.