low-altitude economy
Coverage of low-altitude economy in the Nexus archive.
- Hong Kong’s Lalamove, EY team up to shape ‘low-altitude economy’. What’s the plan?
Hong Kong delivery company Lalamove and professional services firm EY have partnered to develop the 'low-altitude economy' in the Greater Bay Area, aiming to expand their reach and transform traditional business through logistics and advisory services. The collaboration will utilize Lalamove’s logistics platform and EY’s expertise in planning, risk advisory, governance, and tax and customs advisory.
- Why a light plane crash in Beijing created a security dilemma for authorities
A light sport aircraft crashed into Beijing's tallest skyscraper near the East Third Ring Road, killing the pilot and injuring 13 people. Chinese authorities ordered flight schools to suspend training and undergo safety inspections. The incident is linked to the 'low-altitude economy' initiative.
- Plane crash in Beijing reveals airspace security gaps
A small plane crashed into Beijing’s tallest skyscraper, near the Chinese Communist Party’s headquarters, exposing gaps in airspace security. Authorities are limiting public discussion and erasing social media posts about the incident, while analysts suggest it may lead to regulatory changes benefiting the low-altitude economy focused on drones.