China moves closer to launching flying taxi services as EHang seeks Beijing's go-ahead [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
of China (CAAC) accepted the firm's application for an air operator certificate. Based in Guangzhou , capital of southern Guangdong province, EHang said in a statement on Monday that the CAAC has started to review its application for a licence to provide domestic air-transport service. "We are ... one step closer to realising our goal of commercially operating unmanned passenger-carrying aerial vehicles, representing the final step for urban air mobility entering the consumer market," EHang founder, chairman and chief executive Hu Huazhi said in the statement. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Hu said EHang is working closely with the CAAC to establish a new operating system for pilotless aerial vehicles, and that the formal acceptance of the world's first such operato
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