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China’s Flying Taxis Set To Launch In Three Years, Says Ehang

Ehang, a Chinese aviation company, has announced that flying taxis could be operational in Chinese cities within three to five years. The company, which manufactures autonomous aerial vehicles (AAVs), recently received the world’s first certification to operate pilotless aerial vehicles carrying humans, making flying taxis a viable transportation option.

Certification Clears The Path For Commercial Operations

Ehang, in partnership with Hefei Heyi Aviation, was granted certification by the Civil Aviation Administration of China for its “civil human-carrying pilotless aerial vehicles.” This allows Ehang to launch commercial operations, starting with paid tourist rides in cities like Guangzhou and Hefei by June 2025. Air taxi services are expected to expand to cities like Shenzhen and Hefei.

The certified EH216-S vehicle is a two-seater, fully electric aerial vehicle with 16 propellers, capable of speeds up to 130 km/h and a 30 km range. Ehang plans to expand operations to cities such as Zhuhai and Wuhan.

China’s Leadership in eVTOL Technology

China is advancing rapidly in the electric vertical takeoff and landing (eVTOL) sector. The government’s investment in the low-altitude economy, which includes eVTOLs, drones, and air shuttle routes, is expected to make this sector worth $205 billion by 2025.

Global Competition Intensifies

While China leads, it faces competition from international players like Boeing, Airbus, Embraer, and U.S.-based startups such as Joby Aviation and Archer. Chinese company Xpeng also aims to mass-produce flying cars by 2026.

The eVTOL market is projected to reach $30 billion within the next decade, and China’s dominance presents both opportunities and challenges for global competitors.

The Future Of China’s Flying Taxis

With government backing and a growing number of domestic eVTOL investments, China is poised to stay at the forefront of this innovative sector. However, increasing competition from global companies will shape the future of flying taxis.

Price Shifts: Temu And Shein React To Upcoming Tariffs

The online shopping world experienced a jolt as Temu and Shein, popular e-commerce platforms, recently adjusted their prices due to impending tariff changes. These platforms, known for offering budget-friendly options, have echoed with changes that might surprise many shoppers.

What Sparked the Price Hike?

Effective next week, a significant tariff will impact goods imported from China. This tariff follows the expiration of the “de minimis” exemption on May 2. This exemption previously allowed American shoppers to skip tariffs on items valued under $800. The new tariff demands a 120% fee or a flat $100 per postal item, increasing to $200 come June 1.

For instance, Temu’s two patio chairs jumped from $61.72 to $70.17 overnight, while a bathing suit on Shein saw a 91% surge in price. Yet, the price landscape isn’t consistently upward; a smart ring on Temu dropped by $3.

Implications for Consumers

Due to economic shifts and evolving trade rules, both Shein and Temu emphasized their efforts to maintain quality and affordability despite costlier operational expenses. They advised consumers to shop before April 25 to dodge the upcoming hikes, though it’s uncertain if this timing affects the 120% tariff applicability.

Impact on Lower-Income Households

The discontinuation of the “de minimis” exemption is poised to hit lower-income families hardest. Reports indicate these households spend a higher income proportion on apparel, and this change could burden them further.

Further economic insights highlight how industries adjust to challenges, such as in the face of AI-driven changes, potentially offsetting emissions concerns with economic gains.

For buyers and businesses alike, the shifting sands of trade laws call for adaptability and forethought.

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