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Autocraft from UAE orders 350 eVTOLs from Chinese TCab Tech, worth $1 billion, boosting urban air mobility.
Autocraft, a UAE company, has signed a memorandum of understanding with Chinese eVTOL maker TCab Tech to purchase 350 E20 aircraft worth $1 billion, marking China's largest single order for eVTOLs.
The E20 is a five-seat tilt-rotor with a 200 km range and a top speed of 320 km/h.
The deal leverages TCab Tech's manufacturing expertise and Autocraft's local market access, aiming for commercial use in tourism and urban mobility.
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Autocraft de los Emiratos Árabes Unidos ordena 350 eVTOLs de TCab Tech chino, por valor de $ 1 mil millones, para impulsar la movilidad aérea urbana.