
18/07/2025
“TCab Tech Achieves USD1 Billion Deal with UAE’s Autocraft.”
China-based TCab Tech, an eVTOL developer and manufacturer, announced this week a USD1 billion landmark agreement with UAE-based enterprise, Autocraft, for the purchase of 350 units of TCab’s E20 aircraft, reports aerotime.aero. This marks one of the largest international orders for Urban Air Mobility (UAM) vehicles to date.
The agreement aims to support the deployment of eVTOL aircraft across the Middle East and North Africa (MENA) region, “with initial applications focused on low-altitude tourism, advanced air mobility and other innovative use cases,” explains the article. “The two sides plan to scale operations jointly and explore broader applications of the E20 platform.”
https://evtolinsights.com/2025/07/tcab-tech-achieves-usd1-billion-deal-with-uaes-autocraft/
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