Shanghai (Gagsoo)- On April 11, smart mobility and services provider Chenqi Technology Limited (ONTIME) signed a strategic cooperation agreement with Guangdong GOVY Technology Co., Ltd. ("GOVY"), a low-altitude mobility tech company, according to a post on ONTIME's WeChat account. The two sides will combine ONTIME's operational expertise in smart mobility with GOVY's strength in flying car development to accelerate the integration of flying vehicles into mobility services.
The partnership aims to deliver seamless connections between products and services, offering users a more efficient and convenient three-dimensional travel experience while advancing the commercialization of low-altitude mobility solutions.
This collaboration marks another expansion of ONTIME's service boundaries following its entry into the Robotaxi market in 2021. The company is now moving into new territory by exploring the operational scenarios for flying cars and laying the groundwork for a multidimensional smart mobility platform.
GOVY, a tech venture incubated by GAC Group, focuses on the R&D, production, sales, and services of flying cars and their ecosystem products. The company has launched two models: the multi-rotor GOVY AirCar and the compound-wing GOVY AirJet. The GOVY AirCar has already received a special flight permit from the Civil Aviation Administration of China ("CAAC"), while the GOVY AirJet is scheduled for preorder in 2025 as GOVY pushes toward commercialization of low-altitude mobility.
Under the agreement, the two companies will leverage ONTIME's deep market insight and operational experience, along with GOVY's capabilities in vehicle development and innovative applications, to jointly draft a white paper outlining business models and operational standards for low-altitude urban air mobility. They also plan to conduct feasibility studies for pilot projects combining flying cars and Robotaxi services, and to collaborate on research involving big data applications related to cloud-based management, navigation, communication, and monitoring systems in the aerial mobility space.
GAC Group has been steadily advancing its presence in smart urban mobility, including areas such as Robotaxi, flying cars, and intelligent robotics. Through ONTIME, it has already demonstrated commercial Robotaxi operations and now plans to extend its ground mobility capabilities into the air by building an end-to-end Robo-AirTaxi system. The goal is to provide seamless coverage from road to sky, addressing diverse travel needs and aiming to launch demonstration operations of flying cars in two to three cities across the Guangdong-Hong Kong-Macao Greater Bay Area by 2027. This initiative will support a fully integrated three-dimensional mobility service chain encompassing multi-modal hubs, ground transport, and aerial transport.
ONTIME plays a key role in GAC's all-scenario, multidimensional smart mobility network. The company continues to advance L3 and L4 autonomous vehicle operation on the ground, launching the world's first hybrid commercial platform for both human-driven ride-hailing and Robotaxi services in 2022. It received approval for L3 self-driving vehicle road testing in June 2024 and was listed on the Hong Kong Stock Exchange in July 2024.
