China’s GOVY raises USD70.6 million this year to finance its AirCab eVTOL

Released together withhttp://7itsnews.com/

On November 17, GOVY, the flying automobile brand name under GAC Team, lately revealed the conclusion of a 200 million yuan (USD28 million) Pre-A round of funding. Up until now, GOVY has actually elevated a total amount of 500 million yuan( USD70.6 million) within the year. This funding shot comes with a critical point as the firm makes substantial progression in airworthiness qualification, market growth, and worldwide advancement.

Recalling at its advancement timeline, GAC formally introduced the flying automobile brand name “GOVY” in December in 2014. In June this year, the GOVY AirCab was revealed in Hong Kong, China, with a main overview rate not surpassing 1.68 million yuan, quickly safeguarding almost 1,000 意向 orders instantly.

The automobile’s body thoroughly utilizes aerospace-grade carbon fiber composite products, with a fostering price surpassing 90%, efficiently decreasing weight by over 30%. The layout includes top-mounted blades and gull-wing doors, sustaining 25-minute rapid charging. The flying automobile provides a 2-seat format, with the cabin furnished with 5G connection, a smart aide, scent features, and safety and security setups such as a repetitive trip control navigating system and full-process system tracking. It sustains L4-level self-governing driving, with calculating power surpassing 500 TOPS and an optimum discovery series of over 300 meters. It is mainly targeted at social and tourist traveling circumstances, such as low-altitude taking in the sights.

Consequently, in July, the firm efficiently supplied the very first model. Presently, the item has actually gone into the airworthiness qualification stage and is prepared to finish qualification in the 2nd fifty percent of 2026, starting automation and distribution. The objective is to introduce a brand-new age of low-altitude traveler trip by 2027.

For additional information

GAC Group’s Flying Car Brand GOVY Raises 500 Million Yuan This Year, Accelerating Airworthiness Certification and Mass Production | 7ITS NEWS

发布者:Philip Butterworth-Hayes,转转请注明出处:https://robotalks.cn/chinas-govy-raises-usd70-6-million-this-year-to-finance-its-aircab-evtol/

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