30 billion yuan Shanghai's low-altitude economy enterprises once again added a "big order"

Commercial passenger eVTOL developer and manufacturer Volant Aeronautics signed a purchase confirmation order with AgBank Financial Leasing Limited on August 26 for the Volant Tianxing VE25-100 eVTOL. According to the agreement, AgBank Financial Leasing and Volant signed confirmation orders for 10 Tianxing VE25-100 eVTOLs and intent orders for 110 more, with a total value of 3 billion RMB. After obtaining the type certificate, the eVTOLs will be delivered to AgBank Financial Leasing for commercial leasing operations. Additionally, the Shanghai branch of Agricultural Bank of China signed a strategic cooperation agreement with Volant to provide 1 billion RMB of bank credit and financial services to support their product development and commercialization.