Commercial flying taxis approved in China
Regulators in China have granted the country's first-ever approvals for EHang Holdings and Hefei Hey Airlines to operate flying taxis. Both companies are cleared to use unmanned aerial vehicles to offer commercial passenger services, including urban sightseeing tours. The decision aims to boost China's low-altitude economy, which is expected to be worth 1.5 trillion yuan (US$207 billion) by 2025.