Chinese electric air taxi maker Volant Aerotech has secured the country's largest international order for high-capacity eVTOL aircraft, as Thailand's Pan Pacific Co. agrees to purchase 500 VE25-100 models in a deal worth US$1.75 billion.
The agreement, signed on July 23 at the inaugural International Low-Altitude Economy Expo, also includes state-owned CATIC-ENG (China National Aero-technology International Engineering Corporation). Under the three-party cooperation framework, Volant will supply its five-seat aircraft for island-hopping and emergency response operations in Thailand, the Maldives, and other regional destinations. CATIC-ENG will support low-altitude infrastructure development in Belt and Road markets.
The VE25-100, branded as "Skylar" and known in Chinese as "Tianxing," is Volant's flagship eVTOL, designed for short-haul passenger transport with vertical take-off and landing capabilities.