MWC24 Shanghai
Start: Thursday 27 June 2024 13:45
End: Thursday 27 June 2024 16:15
Venue: Kerry Hotel Pudong, Shanghai
Location: Shanghai, China
All clear for takeoff: China’s mid-low attitude economy is booming
There’s no doubt that China’s mid-low altitude economy, which encompasses a wide range of commercial activities carried out within the airspace below 1,000 metres, is booming. With regulators and government policy backing in place, the sector is expected to expand to more than 140 million by 2026, according to a report by the Ministry of Industry and Information Technology (MIIT) affiliated research institute. In Asia, Japan has committed to launching eVtol commercial flights for the 2025 World Expo in Osaka. South Korea also plans to introduce commercial air taxi services in 2025. Companies throughout the world are optimistic about this thriving market potential.
Drone delivery of parcels and flying taxis for everyday commutes are just a few examples of the many possibilities that are expected to benefit greatly from this strong demand. Many believe that the mid-low attitude economy will transform transportation, logistics, manufacturing, and aviation operations. The continuous improvement of support services for mid-low altitude flights, such as more automated permission processes and air traffic management, as well as initiatives to improve the uncrewed aircraft certification system, are key drivers of the growth.
In this session, we will explore the mid-low attitude economy’s potential and how mobile operators may help boost this growing business. Experts in the area will lead lively conversations, discussing practical case studies, potential business models and sharing firsthand expertise with the audience.
From fantasy to reality: The future of electrification and self-driving vehicles
For years, automakers around the world have promised an electrified and self-driving future, which is now becoming a reality. The APAC Electric Vehicle Charging Station Market is predicted to grow from USD 11.41 billion in 2024 to USD 37.89 billion by 2029*. In China, electric vehicles (EVs) accounted for 37% of the new car market in 2023**. The country is expanding its automobile sector’s horizons by viewing it as more than simply transportation, leveraging artificial intelligence and data to propel the industry into a new era.
As autonomy, connectivity, electrification, and sustainability become the industry’s primary focus, the concept of a “smart vehicle” goes beyond the car itself to encompass smart production, smart infrastructure, and smart networking behind the scenes. Regulation, technology, and commercial developments are accelerating the development of electrification and self-driving cars, to transform them into fully intelligent and connected vehicles.
It is time for mobility companies and suppliers to review their strategies and stay up with the rapidly changing environment. Join us in this session to learn about the new age of autonomous driving and electric vehicle development. Industry experts will give unique insights into innovative connectivity solutions, commercial opportunities, and standardization that have led to significant industry development.