BTCC / BTCC Square / Global Cryptocurrency /
China Approves Flying Taxis for BRICS Markets, Targets 2027 Delivery to Russia and UAE

China Approves Flying Taxis for BRICS Markets, Targets 2027 Delivery to Russia and UAE

Published:
2025-07-19 14:24:01
11
1
BTCCSquare news:

China has authorized two domestic manufacturers, GOVY and eVTOL, to produce flying taxis capable of operating at altitudes between 100 and 300 meters. GOVY founder Su Qingpeng confirmed government flight approval, with commercial production slated for 2027. The first batch of orders—350 units valued at $1 billion—comes from UAE-based clients, with Russia also named as an initial export market.

The two-seater aircraft, resembling compact helicopters, will reach speeds of 130 km/h. Pilot testing begins in late 2025, positioning BRICS nations to potentially dominate this emerging sector. Qingpeng emphasized the vehicles are strictly for commercial use, not public transportation.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users