On August 3, Ningde era signed a strategic investment and cooperation agreement with Fengfei airlines. Ningde era invested hundreds of millions of dollars exclusively and became the strategic investor of Fengfei airlines. Both sides will work together on eVTOL research and Development of Aviation battery.

The two sides will combine their respective resources and technical advantages to focus on improving the energy density and performance of eVTOL batteries, supporting eVTOL's longer flight distance and higher load capacity, at the same time, there will be a more significant improvement in security and stability.

Ningde era will help Fengfei airlines make greater breakthroughs in eVTOL. Through deep cooperation with Ningde era, Fengfei aviation can not only accelerate the development and application of eVTOL battery technology, but also lead the overall technical capability of eVTOL aircraft to a new height.