What happened
The low-altitude economy has been incorporated into the government work report, marking its strategic importance.
Yihang EH216-S received the world's first eVTOL airworthiness certificate, and Wanfeng Volkswagen's eVTOL project is advancing toward certification.
The industry is at a critical transition from development to certification, with a focus on domestic eVTOL approvals in 2026-2027.
Why it matters
Policy support and technological milestones are accelerating the industry’s growth, indicating a shift from prototype to commercial readiness.
Infrastructure gaps, such as air traffic management and takeoff/landing facilities, pose significant challenges to industry expansion.
Early adopters and key players in the A-share market may benefit from this emerging sector, presenting investment opportunities.
Key facts
Low-altitude economy was included in the government work report and will see legislation in 2026.
Yihang EH216-S obtained the first global eVTOL airworthiness certificate.
Industry faces infrastructure bottlenecks despite technological progress.
What to watch next
Monitoring certification progress and infrastructure development will be crucial to understanding industry growth.
Potential market leaders and key A-share companies could emerge as beneficiaries of this sector's expansion.
Investors should pay attention to policy updates and technological milestones that influence industry dynamics.