Shanghai Stock News China Securities Network News (Reporter Yu Liyan): With the theme of "New Automobile, New Ecology", the second phase construction project of Changan Automobile's Global R&D Center, the on-site promotion of the Global Science and Art Center, and the signing of the cooperation agreement for flying cars were recently held. Under the witness of the Chongqing Municipal Government, China Southern Industry Group, and various sectors of society, Changan Automobile and Yihang Intelligent jointly completed the signing of a cooperation agreement for flying cars. This is an important part of Changan Automobile's forward-looking layout for future industries, marking a new integration path between the two sides and jointly promoting the high-quality development of emerging industries.
At the event site, unmanned aerial vehicles were arranged in an array, with one unmanned manned aircraft flying through the air and completing a test flight in the complex geographical environment of Chongqing. At the event that day, Zhu Huarong, Chairman of Changan Automobile, shared Changan Automobile's forward-looking plan: "In the next five years, Changan Automobile will invest more than 20 billion yuan in the low altitude economy field to rapidly promote the development of the flying car industry. In the next ten years, more than 100 billion yuan will be invested to explore solutions for three-dimensional transportation of land, sea, air, and humanoid robots
According to the estimation of the Civil Aviation Administration of China, the market size of China's low altitude economy will reach 1.5 trillion yuan by 2025, and is expected to reach 3.5 trillion yuan by 2035, with broad development prospects. Chongqing attaches great importance to the industrial layout and development of low altitude economy. In September of this year, the "Action Plan for Promoting Low altitude Airspace Management Reform and High quality Development of Low altitude Economy in Chongqing (2024-2027)" was released, which clearly stated that Chongqing will build a "city of innovative development of low altitude economy".
As a typical representative of China's automobile industry and a leading enterprise in Chongqing's automobile industry, Changan Automobile has formed a strong alliance with global leading urban air traffic and low altitude economy integrated solution technology enterprise Yihang Intelligence, aiming to deeply implement important instructions such as actively and steadily promoting the development of low altitude economy, and work together with partners to promote the innovative development of low altitude travel industry, and help China's advanced new transportation manufacturing industry become stronger. At the same time, contribute to the construction of the "33618" modern manufacturing cluster system in Chongqing.
Next, Changan Automobile and Yihang Intelligent will rely on their respective professional advantages, cooperate and share resources to make Changan's layout in the forward-looking fields of "new cars, flying cars, humanoid robots, and new ecology" more complete and systematic. For Changan Automobile, the strategic layout of low altitude travel is still a technological advancement centered on continuous breakthroughs and innovations in digital intelligence technology, and an important support for the transformation of the "Intelligent Low Carbon Travel Technology Company".