Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside 
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
Toyota, Honda Shares Rise on Possible U.S.-Canada Auto Tariff Cut 
Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push 
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Standard Chartered Expands Hedge Fund Access for Wealth Clients 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
OpenAI Tightens AI Safety Monitoring After Security Incidents 
Add as a preferred source on Google
EHang Intelligent Technology Co. Ltd. has obtained approval from the Civil Aviation Administration of China (CAAC) to use its autonomous aerial vehicles (AAV) for heavy-lift air logistics.
The trial will be conducted in the city of Taizhou using EHang 216 passenger-grade autonomous aerial vehicles.
The drones will be authorized to transport up to 150 kilograms of merchandise per flight between shore and islands and ground and hilltop.
Guangzhou-based Ehang has pioneered the use of self-driving “air taxis” for sightseeing trips in China.
Ehang hopes to gradually expand the air logistics program to other parts of the country.
Last month, the Nasdaq-listed company announced plans to build an “airport” in southern China.
The company posted a net loss of 200,000 yuan in the fourth quarter of 2019, down from 30.7 million yuan a year earlier.
EHang expects the global urban air mobility market to reach US$1.5 trillion by 2040, with air logistics likely as a key revenue source, citing Morgan Stanley.
