China’s eVTOL sector is booming under the low altitude economy initiative—nearly two dozen startups have flown full-scale aircraft, SMG Consulting says.

As updates continue to fly out from advanced air mobility startups, Aviation Week editors are joined by consultant Sergio Cecutta to cut through the noise and assess where the fledgling market is at.

Investors have plowed billions of dollars into eVTOL ventures but now many are running out of cash. Listen in to hear the latest on the plight of Lilium and Volocopter.