EVE vigorously explore the low-altitude economy market

On March 18th, EVE announced that the company has received a supplier’s notification of targeted development from XPENG AEROHT, that EVE will provide XPENG AEROHT with the next-generation low-voltage lithium batteries. EVE said, This is an all-round recognition of the company’s low-voltage lithium battery’s R&D technology, product performance and supply qualification, and is another important achievement of the company’s market development in the field of low-altitude economy.

Deep binding with leading companies

Public information shows that XPENG AEROHT is one of the leading companies in the field of low altitude economy.

It is reported that XPENG AEROHT split flying car “Land Aircraft Carrier” completed the world’s first public manned flight in November last year. “Land Aircraft Carrier” land body completed the winter test in February 2025, through 67 harsh snow and ice environment verification, the cumulative test time is more than 900 hours. The cumulative testing time has exceeded 900 hours.

At present, the “Land Aircraft Carrier” has received nearly 4,000 units of advance orders and is scheduled to begin mass production and delivery in 2026. At that time, it is expected to be the first mass-produced flying car in China and the world.

We believes that the strong alliance between XPENG AEROHT and EVE will mutually empower each other’s business. For XPENG AEROHT, EVE is a leading battery company in China, with strong battery technology and product series, which can fully meet the technical needs of its products.

For EVE, deep binding with XPENG AEROHT can quickly “cash” its low altitude business, with the XPENG AEROHT products’ mass production delivery, the Eve’s shipments and competitiveness in the low altitude flight market will continue to rise.

Focus on Trillion-Dollar Market

In 2024, the “low altitude economy” for the first time by the market clearly listed as an important part of the new economic growth engine. The development of technologies such as drones and 5G-A technology have together contributed to the rapid growth of the low-altitude economy.

The industry believes that 2025-2027 the low-altitude industry will enter the accelerated development stage, and the world’s leading companies will enter the core phase of airworthiness certification, many eVTOL aircraft manufacturers are actively obtaining certification to stimulate the accelerated arrival of trillion-dollar market.

According to the forecast of CAAC, China’s low altitude economy market scale will reach 1.5 trillion yuan in 2025, and is expected to reach 3.5 trillion yuan in 2035. And with the advancement of electrification transformation, it also brings a new performance growth window for lithium battery companies.

It is reported that the energy density of eVTOL battery developed by EVE is as high as 320Wh/kg, which can be quickly charged to 80% in 10 minutes, meet the high output capacity of 10C during the whole life cycle, and ensure more than 7,000 times of recycling.

It is certain that, with the support of technology, the trillion-dollar market of low-altitude economy will be accelerated, and companies such as EVE are expected to be the first to benefit from the early layout. At the same time, the battery multiplier, range, safety performance and other requirements in flight and other special scenarios will be higher, will force companies to carry out research and development of high multiplier, long range, high safety battery technology, so as to provide a steady stream of space and power for the development of lithium battery industry.