“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.”

A sign­ing cer­e­mo­ny was held at TCab Tech’s head­quar­ters in Shang­hai, attend­ed by senior offi­cials from both nations. Dig­ni­taries includ­ed His Excel­len­cy Saif Mohammed Al Suwai­di, Direc­tor Gen­er­al of the UAE Gen­er­al Civ­il Avi­a­tion Author­i­ty (GCAA), and His Excel­len­cy Mohan­nad Alnakbi, UAE Con­sul Gen­er­al in Shang­hai. 

TCab Tech was rep­re­sent­ed by its Founder and CEO Huang Yong­wei, along with oth­er key com­pa­ny exec­u­tives.

Please Watch Video

(There is an Eng­lish Trans­la­tion)

Autocraft plans to lever­age its region­al expe­ri­ence and infra­struc­ture to inte­grate the E20 into a range of mobil­i­ty sce­nar­ios across the MENA region. TCab will pro­vide air­craft design, man­u­fac­tur­ing and sys­tem inte­gra­tion sup­port to enable the aircraft’s adap­ta­tion to local mar­ket needs.

The com­pa­ny also said it has held tech­ni­cal dis­cus­sions with the UAE GCAA focused on air­wor­thi­ness cer­ti­fi­ca­tion, reg­u­la­to­ry align­ment and oper­a­tional pro­ce­dures. The dis­cus­sions aim to lay the ground­work for even­tu­al cer­ti­fi­ca­tion and deploy­ment of the E20 with­in the Unit­ed Arab Emi­rates.

TCab Tech not­ed that the agree­ment reflects grow­ing Chi­na-UAE col­lab­o­ra­tion in avi­a­tion tech­nolo­gies, align­ing with broad­er eco­nom­ic frame­works such as the Belt and Road Ini­tia­tive.

E20 eVTOL Pro­to­type Air­craft

This major order fol­lows a Mem­o­ran­dum of Under­stand­ing (MOU) signed last Novem­ber at the 7th Chi­na Inter­na­tion­al Import Expo (CIIE), which helped lay the ground­work for explor­ing com­mer­cial E20 oper­a­tions in the UAE, ini­tial­ly tar­get­ing aer­i­al sight­see­ing and air taxi ser­vices.

For more infor­ma­tion

https://www.tcabtech.com

https://autocraftuae.com

News Source: https://www.aerotime.aero/

(Top image: The sign­ing cer­e­mo­ny with mem­bers of both com­pa­nies)

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