World’s first flying taxi, and other technology stories you need to read

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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Sebastian Buckup, Head of Network and Partnerships, Member of the Executive Committee, World Economic Forum


  • This monthly round-up brings you the latest stories from the world of technology.
  • Top technology stories: Chinese flying taxi start-up receives initial safety certificate; NASA launches mission to metal-rich asteroid; investments in climate tech fall.

1. World’s first flying taxi cleared for take-off

A start-up in China has received the first certificate of airworthiness for an autonomous flying taxi – taking it one step closer to launching flights for the public.

EHang was awarded the “type certificate” on 13 October by the Civil Aviation Administration of China for its EH216-S unmanned aircraft system, making it the first eVTOL (electric vertical take-off and landing aircraft) in the world to receive one.

The two-seater electric aircraft was put through rigorous tests including of its structural strength, crashworthiness and software simulation, among others.

“We hope to be the first in the world, in the short-term, to launch commercial operation of autopilot eVTOLs,” EHang founder and CEO Hu Huazhi told AFP.

Investment in eVTOLs is growing as traditional car manufacturers see the potential in the technology.

The state has deemed the vehicles to be a risk to the public and accused the company of “misrepresenting” the safety of the technology.

How is the World Economic Forum ensuring the responsible use of technology?

The Top 10 Emerging Technologies of 2023 report outlined the technologies poised to positively impact society in the next few years, from health technology to AI to sustainable computing.

The World Economic Forum’s Centre for the Fourth Industrial Revolution is driving responsible technology governance, enabling industry transformation, addressing planetary health, and promoting equity and inclusion.

Learn more about our impact:

  • Digital inclusion: Our EDISON Alliance is mobilizing leaders from across sectors to accelerate digital inclusion, having positively impacted the lives of 454 million people through the activation of 250 initiatives across 90 countries.
  • AI in developing economies: Our Centre for the Fourth Industrial Revolution Rwanda is promoting the adoption of new technologies in the country, enabling over 4,000 daily health consultations using AI.
  • Innovative healthcare: Our Medicine from the Sky initiative is using drones to deliver medicine to remote areas in India, completing over 950 successful drone flights.
  • AI for agriculture: We are working with the Government of India to scale up agricultural technology in the country, helping more than 7,000 farmers monitor the health of their crops and soil using AI.

Want to know more about our centre’s impact or get involved? Contact us.

2. Spacecraft takes off to explore asteroid

NASA has launched a spacecraft on a six-year mission to Psyche, the largest metal-rich asteroid in our solar system.

Scientists believe that Psyche is the core of an ancient protoplanet and that studying it can provide insights into Earth’s formation.

The Psyche probe will travel roughly 2.2 billion miles through space and is expected to reach the asteroid in August 2029.

It was carried by a SpaceX Falcon Heavy rocket and took off from NASA’s Kennedy Space Center in Cape Canaveral, Florida.

3. In brief: Other tech stories to know

  • Climate tech

Investment and grants in climate tech start-ups have dropped by around 40% in the past year, according to a report by PwC. But this was less than the 50% fall in venture capital and private equity in other markets, meaning the share of investment into climate tech has actually risen.

It comes as US President Joe Biden kick-started the emerging hydrogen industry, by announcing seven proposed “hydrogen hubs” in 16 states that will share $7 billion in federal grants.

Japan’s trade and industry ministry has announced that Japan and Denmark will collaborate on researching and developing floating offshore wind power technologies. This partnership aims to address climate change and its impacts.

Canada will invest over $740 million in satellite technology to improve the Earth observation data it gathers to monitor wildfires and other environmental emergencies. The initiative, known as Radarsat+, will collect valuable information on Earth’s oceans, land and climate, the Canadian Space Agency says.

Researchers at ETH Zurich have developed special ceramic structures for a solar reactor using a new 3D-printing technique. Experimental testing has shown they can significantly increase the production yield of solar fuels.

  • Computers and robotics

Apple has announced new MacBook Pro and iMac computers along with three new chips. The company has redesigned its graphics processing units, a crucial component of the chip, Reuters reports.

Vietnam is reportedly in talks with chip manufacturers to boost investment in the country and create its first chipmaking plant. Intel’s biggest semiconductor packaging and testing plant is already located in the country.

Germany is increasingly turning to robots to automate hazardous manual work, as the country’s post-war generation of “baby boomers” retires, Reuters reports.

  • Electric vehicles (EVs)

Sales of electric vehicles (EV) in the US reached a record high in the third quarter, hitting more than 300,000 for the first time, according to Cox Automotive.

Meanwhile, in the EU, sales of fully-electric cars increased by 14.3% compared to the previous year, while full hybrid sales saw a growth of more than 30%, reported the European Automobile Manufacturers Association.

This news comes as China’s restriction on exports of graphite – a critical mineral used in the construction of EV batteries – is set to impact the global EV supply chain.

Despite reports of strong sales, industry experts are warning of slowing demand for EVs due in part to continued high interest rates.

4. More on technology on Agenda

Autonomous mobility could have many benefits, including enhanced safety and efficiency, but there are challenges. Saudi Arabia is in the early stages of incorporating autonomous mobility into the country’s transportation landscape. Here are three factors that will be key to supporting the safe and responsible adoption of autonomous mobility.

A virtual power plant is a network of distributed energy resources (DERs) that are grouped to generate electricity and respond to demand. DERs include solar panels, batteries, electric vehicles and other devices that can generate, store or consume electricity, a professor explains.

UpLink’s Smarter Climate Farmers Challenge has selected 12 Top Innovators – entrepreneurs who are putting food, agriculture and climate at the forefront of their business model. Here’s how climate-smart tech could transform the way we grow food.

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