EVT Aerotechnics

What EVT Aerotechnics does

EVT Aerotechnics (亿维特航空) is a Nanjing-based Chinese aerospace company founded in January 2022 that designs and manufactures electric vertical take-off and landing (eVTOL) aircraft for urban air mobility, cargo transport, tourism, and emergency rescue applications. The company's flagship product is the ET9, a five-seat pure-electric passenger eVTOL with a 2,200kg maximum take-off weight, 240km/h cruise speed, 240km range, and a four-axis eight-propeller compound wing configuration. A second product, the ET3, is a hydrogen-lithium hybrid long-endurance patrol aircraft with over 500km range designed for inspection and surveillance missions. Both aircraft feature full-composite airframes, multi-redundancy eight-motor power systems, and in-house flight control, propulsion, and steering systems validated through a self-developed electric powertrain test bench (with the China Special Flight Vehicle Research Institute) and wind tunnel testing. The ET9 completed maiden flight on March 31, 2024, and two prototypes (101 and 103) have logged over 600 flight tests as the company progresses through full-envelope testing and airworthiness certification with Chinese aviation authorities.

EVT's business model centers on direct sales of eVTOL aircraft to enterprise operators, government entities, tourism operators, and logistics companies, with financing facilitated through a strategic partnership with Jiangsu Financial Leasing (江苏金融租赁). The company is pre-revenue: no commercial aircraft deliveries have been disclosed and the product portfolio remains in the R&D and certification phase. EVT's commercial pipeline is anchored by an 11.98 billion RMB (~$1.64 billion) procurement intent with Jiangsu Financial Leasing covering the ET9, ET3, and cargo eVTOL products, with named operator partners including Jiangsu Ningxiang General Aviation and Jiangsu Quanyitong Aviation. The company operates with a lean headcount of 16+ staff, of which 20% are senior engineers and 75% hold master's degrees or higher, reflecting a deliberately concentrated engineering base.

The company's strategic positioning combines a domestic supply chain — Linghang Composites (领航复材), an AVIC subsidiary, for airframe manufacturing, and the China Special Flight Vehicle Research Institute for powertrain testing — with international expansion plans via Hong Kong Xinhua Group (香港新华集团) and China Silk Road Group (中国丝路集团) into Belt and Road markets. EVT was founded by Ren Wenguang (任文广), a former COMAC safety specialist with 20+ years of aviation experience, and the founding team is described as having 15+ years of collaboration across major programs including Yun-8, ARJ21, C919, and large/medium UAVs. The company has received substantial government recognition, including visits by Jiangsu and Anhui provincial leaders, CCTV News coverage, and the 2025 CCTV Finance 'Sample Enterprise in Low-Altitude Economy Track' (低空经济赛道样本企业) designation. Funding to date includes a $2.76M Series A round in 2023 (Shangluo Hainan Investment) and subsequent undisclosed rounds in 2025 from investors including GP Capital, Enpower, Zhejiang Jinggong Science & Technology, Bondshine Capital, Peakview Capital, and Ralph Investment Management.

Name

EVT Aerotechnics

Legal name

亿维特（南京）航空科技有限公司

Website

https://evt-aerotec.cn

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

EVT Aerotechnics is a Nanjing-based Chinese eVTOL developer founded in 2022, building the ET9 five-seat passenger eVTOL and ET3 hybrid patrol aircraft using proprietary electric propulsion, composite airframes, and redundant motors for urban air mobility, cargo, tourism, and emergency rescue.

Ownership category

akta.pro rank

Product category

Urban Air Mobility / eVTOL Aircraft Manufacturing

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Air Transportation (481)

SIC

Aircraft (3721), Aircraft & Parts (3720), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Air Taxi & Urban Air Mobility (eVTOL) Operators (TLAFAAAD)

akta.pro secondary industries

Electric & Hybrid-Electric Propulsion (eVTOL/Regional) (IMABADAH), Flight Control Computers & Autopilot Systems (IMABAFAA)

Keywords

• Electric vertical takeoff aircraft
• Urban air mobility
• EVTOL passenger aircraft
• Electric propulsion aviation
• Low-altitude transport solutions

Headquarters

HQ city

Nanjing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. eVTOL Aircraft Sales: Sale of electric vertical takeoff and landing aircraft including passenger-carrying eVTOL (ET9), cargo eVTOL, and long-endurance patrol aircraft. Revenue generated from direct sales to operators, financial leasing arrangements, and government procurement.
2. Long-Endurance Patrol Aircraft Sales: Sale of hydrogen-lithium hybrid long-endurance patrol aircraft (ET3) for inspection and surveillance applications.
3. Cargo eVTOL Sales: Sale of 500kg payload cargo eVTOL aircraft for logistics applications.
4. Financial Leasing Services: Through strategic partnership with Jiangsu Financial Leasing, providing innovative financing solutions to customers to facilitate aircraft procurement.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

EVT Aerotechnics designs, develops, and manufactures electric vertical take-off and landing (eVTOL) aircraft for urban air mobility. The portfolio centers on the ET9, a 2-ton class five-seat pure-electric passenger eVTOL with 240km range, and the ET3 hydrogen-lithium hybrid long-endurance patrol eVTOL for inspection and surveillance missions. The company also provides aircraft design, system integration, and airworthiness certification services.

Product overview

EVT Aerotechnics (亿维特航空) develops and manufactures electric vertical takeoff and landing aircraft (eVTOLs) for Urban Air Mobility (UAM). The company offers a portfolio of two main eVTOL products: the ET9 five-seat manned eVTOL as the primary passenger aircraft, and the ET3 hydrogen-lithium hybrid eVTOL for long-endurance patrol and inspection applications. Both products feature proprietary electric propulsion systems with self-developed motors, flight control systems, and steering systems. The company also provides complete aircraft design, integration, and airworthiness certification services.

Differentiator

Problem solved

Functional benefit

Products and services

• ET9 Electric Passenger eVTOL The ET9 is a 2-ton class five-seat pure-electric manned eVTOL aircraft with a full composite airframe, four-axis eight-rotor compound wing configuration, 2200kg takeoff weight, 500kg (5-passenger) payload, 240km/h cruising speed, and 240km range. It targets urban air mobility operators, emergency rescue services, special tourism operators, and high-frequency cargo transport.
• ET3 Hydrogen-Lithium Hybrid Long-Endurance Patrol eVTOL
• 500kg Payload Cargo eVTOL A 500kg payload cargo eVTOL aircraft designed for logistics applications including island chain, mountainous area, and inter-logistics-station cargo delivery where conventional transport is difficult.

Quantifiable outcome

• 600+ flight tests completed with zero safety incidents during testing phase
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and major.

• Hong Kong Xinhua Group (香港新华集团)coreStrategic or Co-development Partner · 1 May 2026Deep strategic cooperation for low-altitude economy globalization and overseas business expansion. Chairman Cai Guanshen led delegation to visit EVT. Both parties will jointly research aircraft overseas regulations, airworthiness certification, and overseas operation systems, leveraging Xinhua's resources in South Asia, Southeast Asia, Middle East, and Nanjing's overseas hub advantages.
• Nanjing Xiaohong·Chinese Enterprise Overseas Cooperation Center (长三角)majorStrategic or Co-development Partner · 7 February 2026As the organizer, Nanjing Xiaohong's Chinese Enterprise Overseas Cooperation Center (Yangtze River Delta) invited EVT as a key low-altitude economy enterprise to participate in exchange activities, marking high alignment on industry overseas cooperation. This became the foundation for deep cooperation with Hong Kong Xinhua Group.
• Jiangsu Aviation Industry Group (江苏航产集团)majorStrategic or Co-development Partner · 15 January 2026Witnessed the EVT-Jiangsu Financial Leasing signing ceremony. Jiangsu Aviation Industry Group provides low-altitude flight service platform management enabling 'takeoff, visibility, and control' under effective management, completing low-altitude commercial closed loop.
• China Silk Road Group (中国丝路集团)majorStrategic or Co-development Partner · 16 December 2025Chairman Yan Lijin visited EVT for in-depth discussions on low-altitude economy development. Both parties reached cooperation intentions for new productive forces product going overseas and building Belt and Road low-altitude logistics network. China Silk Road Group's global network to help Chinese eVTOL fly across Belt and Road countries.
• China Special Flight Vehicle Research Institute (中国特种飞行器研究所)coreTechnology or Integration · 1 March 2024Joint development of domestic largest power and most comprehensive electric aircraft co-propeller test bench for ET9 full-scale ground electric bird test and powertrain system testing. The test bench provides important data for design optimization and first flight, serving as reliable basis for airworthiness certification.
• Linghang Composites (领航复材/中航通飞领航复材公司)coreTechnology or Integration · 1 October 2023Strategic cooperation agreement signed for aircraft body manufacturing. Linghang Composites produces ET9 aircraft bodies with extensive experience in manned aircraft manufacturing and prominent airworthiness capabilities. EVT is the first and only Chinese eVTOL company to sign strategic agreement with an AVIC subsidiary.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Joby Aviation: California-based eVTOL leader with a tilt-rotor S4 aircraft pursuing FAA type certification and US commercial passenger launch. The most well-capitalized global eVTOL pure-play and a benchmark for EVT's certification path and commercial UAM economics.
• Archer Aviation: US-listed eVTOL company developing the Midnight tilt-rotor aircraft for urban air taxi service, backed by United Airlines and Stellantis. Comparable to EVT in passenger-carrying eVTOL mission profile and commercial UAM go-to-market, though with much deeper capital resources.
• Lilium: German eVTOL developer pursuing the Lilium Jet, a ducted-fan vectored-thrust aircraft for regional air mobility. Comparable to EVT's inter-city UAM positioning and represents an alternative eVTOL architecture approach.

Emerging players

• Beta Technologies: US-based electric aviation company developing the Alia eVTOL (passenger) and cargo variants with a tilt-configuration. Comparable to EVT's blended passenger/cargo commercial strategy and pursuit of both passenger and logistics operators.
• TCab Tech: Shanghai-based eVTOL startup developing the E20 tilt-rotor passenger aircraft. Closely comparable to EVT in stage, Chinese market focus, and product positioning, making it a domestic competitor for the same low-altitude economy policy support and airline customers.
• Vertical Aerospace: UK-based eVTOL developer with the VX4 tilt-rotor aircraft, pursuing certification and pre-orders from major airlines. Comparable to EVT in pre-revenue pre-certification stage and urban air mobility passenger use case.
• XPeng AeroHT: The eVTOL/electric flying car subsidiary of Chinese EV maker XPeng, developing both a land-air modular flying car and an eVTOL aircraft. Comparable to EVT in Chinese passenger eVTOL ambition and benefits from XPeng's automotive-scale capital and manufacturing.

Direct peers

• Volocopter: German eVTOL company developing the VoloCity (passenger) and VoloDrone (cargo) multirotor aircraft, pursuing EASA type certification. Comparable to EVT's multi-rotor architecture and urban air taxi use case.
• EHang Holdings: Guangzhou-based eVTOL developer and China's most advanced player, with passenger (EH216-S) and other aircraft variants that have received type certification from the CAAC. Direct competitor to EVT in the Chinese urban air mobility market with overlapping customer segments in tourism, emergency response, and passenger transport.
• AutoFlight: Shanghai-based eVTOL company developing the Prosperity I (passenger) and CarryAll (cargo) tilt-rotor aircraft. Directly comparable to EVT's ET9 in configuration approach and Chinese market focus, with similar pursuit of type certification and commercial passenger operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EVT Aerotechnics