In an interview with the South China Morning Post, Hofugia Senior manager Hou Yi noted that the high level of consumption and compact size of the city make it particularly suitable for the development of flying transport. According to him, the use of vertical take-off and landing devices will partially solve the problem of congestion in the megacity's road network.
Aerofugia, part of Zhejiang Geely Holding Group, has unveiled its AE200 electric aircraft capable of carrying up to five people. The company considers Hong Kong to be a promising destination for entering the market, especially after the authorities announced plans to develop low-altitude transportation using drones and eVTOL.
In China, the development of a "low-altitude economy" is seen as one of the new drivers of industrial growth. Beijing is encouraging the introduction of technologies for unmanned aerial vehicles, airships and flying cars, seeing this as a strategic direction for strengthening the national economy.