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Image source: Xiaopeng Huitian official Weibo

Written by Cheng Ziyun

Editor | Shen Lulu

Review | Liu Yulin

Cover | Xiaopeng Huitian Official Weibo

According to Taibo.com, the financing scale and frequency of the low-altitude economy sector have continued to rise this year. According to data from Cailianshe Venture Capital, more than 50 investment and financing events have occurred in the low-altitude economy sector so far this year.

According to Taibo data statistics, there have been at least 11 financings of hundreds of millions of yuan this year.

In early August alone, two large-scale investment and financing events were disclosed in the low-altitude economy sector. On August 5, Xiaopeng Huitian, an ecological enterprise of Xiaopeng Motors, announced that it had received $150 million in B1 round financing, which will ensure the smooth realization of Xiaopeng Huitian's flying car research and development, large-scale mass production and commercialization process; previously on August 3, CATL and Fengfei Aviation signed a strategic investment and cooperation agreement. CATL exclusively invested hundreds of millions of dollars and became a strategic investor of Fengfei Aviation, helping it to conduct in-depth research and development and extensive application of eVTOL technology, and further improve the safety and reliability of air logistics and air travel solutions.