WoFei Air Launched into A-Share Market: Dash to Become China’s First eVTOL Company

WoFei Air has initiated the IPO counseling on the Sci-Tech Innovation Board, aiming to become the “first eVTOL company” on the A-share market. With a recent financing of nearly 1 billion RMB, the AE200 is in the final stretch of airworthiness certification, expected to be completed between 2026 and 2027 for commercialization to take off. Over the years, eVTOL companies have been soaring in the global arena, with China making its way into the capitalization phase. WoFei Air’s journey towards IPO mirrors Geely Holding Group’s strategic play in the low-altitude economy arena. The evolving landscape of low-altitude economy is met…