In 2026, the flying car (eVTOL) industry is standing at a watershed between “concept” and “reality”.

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On one hand, there is a frenzy of capital and orders: Volant Airlines has secured over 1900 potential orders worth 47.5 billion yuan; Xiaopeng Huitian orders over 7000 units; By 2025, nearly 50000 low altitude economy related enterprises will be added nationwide, a year-on-year increase of 142%. On the other hand, hard constraints such as difficulty in obtaining airworthiness certification, short battery life, and lagging airspace management still lie ahead.

Industry insiders have stated that the actual conversion rate of “thousand level intention orders” may be less than 10%, with the majority being framework agreements. The industry is shedding the halo of “concept aircraft” and entering a “chaotic period” of airworthiness certification and commercial pilot. The brutal qualification race between technology and commercialization has already begun.

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