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1 - 20 of 41 results
Hyundai to invest USD 21 billion in U.S. through 2028
e U.S. ecosystem for robotics components and establish a mass-production system • Partnering with NVIDIA to accelerate the development of AI solutions for future mobility, including autonomous driving and robotics • Advancing R&D with its affiliate Supernal to commercialize an eVTOL vehicle by 2028 • Supplying robotaxis to Waymo as part of its partnership with Hyundai Motor Company, and co-developing autonomous dr...
News Updated at: 2025/03/25
Erisha E Mobility, India secures USD 1 billion investment from UAE Investor
luding the UAE, Saudi Arabia, the USA, Europe, and parts of Africa. As part of its expansion plan, Erisha will establish "Smart Manufacturing Hubs" to produce electric and hydrogen vehicles, parts for green vehicles, equipment for hydrogen production, renewable energy technology, electric aircraft (eVTOL), and semiconductor components. These hubs will also include residential communities, educational institutions, hospitals, shopping centers, and...
News Updated at: 2025/03/17
Supernal, CHC Helicopter, Heli-One collaborate on advanced air mobility networks
ter, the global helicopter flight services company specializing in offshore transportation and search and rescue operations, and CHC subsidiary Heli-One, a leading global provider of rotor-wing maintenance, repair, and overhaul (MRO) services, to scale shared electric vertical and take-off landing (eVTOL) vehicle operations. The companies will establish a collaborative framework to develop and scale AAM networks, integrating Supernal's vehicles, ...
News Updated at: 2025/03/13
Sona Comstar, India updates about new order wins and product innovations in Q3 FY24
an existing Indian OEM customer, adding INR 3,000 million to its order book. Production for this program is expected to commence in Q2 FY 2027. Sona Comstar also commercialized one product, Zone Monitoring Sensors, during Q3 and introduced two new future products to its technology roadmap: Robotics/EVTOL Gearbox and Limited-Slip Differential (LSD). Additionally, the company made a breakthrough in short-range radar sensors with a 180-degree field ...
News Updated at: 2025/01/28
Archer completes construction of high-volume manufacturing facility in Georgia
beginning in early 2025, with the goal being to ramp production to a rate of two aircraft per month by the end of the year Stellantis and Archer are working to finalize an agreement in which Stellantis would work with Archer as its exclusive contract manufacturer to mass produce Archer’s Midnight eVTOL aircraft at this facility. Stellantis is contributing capital, advanced manufacturing technology and expertise and experienced personnel with...
News Updated at: 2024/12/21
CALB contributes to maiden flight of XPeng AeroHT flying car
-silicon battery developed by CALB for low-altitude mobility, features both high energy density and high safety. The cell energy density reaches 300Wh/kg, allowing for 6C fast charging. This battery also played a role in the October 24, 2022 maiden flight of XPeng AeroHT’s X3, the world’s first eVTOL flying car. In a previous test by XPeng, the battery, falling from a height of 15.2m without any cushioning or protection, did not smoke or catc...
News Updated at: 2024/11/20
XPeng launches latest innovations
r and Level 4 intelligent driving features. The world’s first production modular flying car developed by XPeng AeroHT will make its global public maiden flight at the Airshow China in November and be available for pre-orders in December. Concerning the latest technology progress, XPeng AeroHT’s eVTOL flying car adopts the industry’s first single-lever control system to greatly lower the learning threshold for users. As for product planning,...
News Updated at: 2024/11/12
Daido Steel develops motor core soft magnetic material with high saturation magnetic flux density
magnetic flux density higher than that of magnetic steel sheets. The soft magnetic material will contribute to reduced size and weight and increased output of motors and is expected to be used in motors for electrified vehicles, urban air mobility, drones, and electric vertical takeoff and landing (eVTOL) aircrafts. In general, magnetic steel sheets are used in motor cores. However, there is demand for other materials that have higher saturation ...
News Updated at: 2024/10/28
Hyundai’s Supernal, Blade Urban Air Mobility partner to explore network models
s part of the three-year agreement, Supernal and Blade will leverage each other's expertise in aviation, technology and infrastructure access to further develop the AAM sector and exchange knowledge about the companies' respective products, services and capabilities. Specifically, Supernal, as an eVTOL OEM, will provide insights on technological and operational nuances to support the development of Blade's future AAM service offerings. Blade an...
News Updated at: 2024/10/26
GAC Group’s GOVE flying car granted special flight permit by CAAC
d a special flight permit for civil unmanned aircraft by the CAAC Central and Southern Regional Administration on September 11. This marks that GAC Group has taken one step further in the airworthiness certification and commercialization of flying cars. The GOVE, a GAC R&D Center in-house developed eVTOL (electric vertical take-off and landing) multi-rotor flying car, adopts the industry’s first land-air amphibious structure for applicability i...
News Updated at: 2024/09/20
CDMS 2024: XPeng AeroHT exhibits flying cars, performs first demonstration flight
for projects on low-altitude cultural tourism and new consumption forms. They will establish a complete after-sales service and training guarantee system and set representative industry standards and norms. SGAIM actively expands emerging application areas, such as drones, intelligent aircraft, and eVTOL aircraft, and promotes such operations as the focus of its overall development plan. From an XPeng AeroHT press release...
News Updated at: 2024/09/10
CATL, Autoflight forge strategic partnership
CATL, Autoflight forge strategic partnership Contemporary Amperex Technology Co., Ltd. (CATL) signed a strategic investment and cooperation agreement with Shanghai Autoflight Co., Ltd. (Autoflight). The former will invest hundreds of millions of USD in the latter to become a strategic investor, and the latter will cooperate long term with the former on the R&D of batteries for eVTOL (electric vertical take-off and landing) aircraft. Combining the...
News Updated at: 2024/08/05
Hyundai’s Supernal, Sigma Air Mobility collaborate on eVTOL market development
Hyundai’s Supernal, Sigma Air Mobility collaborate on eVTOL market development On July 23, Washington D.C.-based Supernal LLC (Hyundai Motor Group's Advanced Air Mobility company) and Sigma Air Mobility (a Luxaviation Group company) announced a joint effort to identify and develop targeted markets for future AAM infrastructure and investments, targeting key markets in South and Southeast Asia and potential opportunities in Southern Europe. Th...
News Updated at: 2024/07/24
XPeng AeroHT to build flying car mass production plant in Guangzhou
bly lines, the intelligent manufacturing center will manufacture the flight body for the Land Aircraft Carrier modular flying car first. The Land Aircraft Carrier contains land and flight bodies, of which the former can fully store the latter for land travel. The flight body, China’s first manned eVTOL (electric vertical take-off and landing) aircraft developed for personal users, employs a distributed electric propulsion system with manual and...
News Updated at: 2024/07/08
Stellantis invests additional USD 55 million In Archer following recent flight tests
Stellantis invests additional USD 55 million In Archer following recent flight tests On July 2, Stellantis and Archer Aviation, a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Archer has received an additional USD 55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone in June. This latest investment builds on Stellan...
News Updated at: 2024/07/03
Aerofugia closes Series B financing worth hundreds of millions of CNY
Aerofugia closes Series B financing worth hundreds of millions of CNY On June 27, Aerofugia, a Geely Technology Group subsidiary, announced the recent completion of a Series B financing worth hundreds of millions of CNY, the largest single financing round in China’s low-altitude eVTOL (electric vertical take-off and landing) economy industry in the past two years. The financing was mainly invested by Orinno Capital and followed by several other...
News Updated at: 2024/07/01
Aerofugia locates its global headquarters in Chengdu
with the Chengdu Hi-Tech Industrial Development Zone of Sichuan Province. According to the agreement, the two parties will comprehensively partner for low-altitude mobility. They will build the Aerofugia global headquarters and a manufacturing site to promote the manufacturing of in-house developed eVTOL (electric vertical take-off and landing) aircraft. In the future, the two parties will jointly establish an industrial alliance for low-altitude...
News Updated at: 2024/05/28
Northvolt's American subsidiary publish validation report of lithium-metal battery module
including ones in the automotive sector. To address the diverse customer base, Cuberg deploys a flexible business model of both battery cell and module development and delivery. Featuring 60 lithium-metal 20 Ah pouch cells, the battery module was validated using flight profiles representative of an eVTOL aircraft. The module performed 692 cycles before reaching capacity retention of 90% and demonstrated a specific energy of 284.8 Wh/kg. Based on ...
News Updated at: 2024/05/15
Gelion, UK achieves high energy density for its lithium-sulfur battery cell
builds on the OXIS Gen 2 technology and IP acquired from Johnson Matthey. Gelion’s ambition for its next-generation platform is to unlock the potential of sulfur batteries for a wide range of global applications including mass-market electric vehicles (EV), electric vertical-takeoff-and-landing (eVTOL) aircraft, drones, stationary energy storage (ESS), etc. Based on Gelion press release ...
News Updated at: 2024/04/10
Stellantis increases shareholding in Archer Aviation ahead of 2025 eVTOL production
Stellantis increases shareholding in Archer Aviation ahead of 2025 eVTOL production On March 18, Stellantis announced that Stellantis recently purchased approximately 8.3 million shares of Archer Aviations stock signaling its continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. Stellantis’ increased investment in Archer follows CEO Carlos Tavares’ recent visit...
News Updated at: 2024/03/19