China's eVTOL Sector Is Filing for IPO While Europe's Burns While Chinese air taxi developers stack purchase orders and advance type certification, Europe's eVTOL champions have been fighting for survival. The strategic gap is wider than most European investors realise — and it is closing fast. ## What happened in China In April 2023, Aerofugia — a subsidiary of Chinese automaker Geely — convened a formal board meeting in Chengdu, Sichuan Province, and officially launched type certification for its AE200 air taxi. The meeting was not symbolic. Aerofugia signed a Project Specific Certification Plan with the Civil Aviation Administration of China's Southwest Area Management Bureau, and formally established the AE200's Type Certification Committee and Project Review Team in the same session. More than 20 experts attended, including Geely President Guo Liang and Chief Technology Officer Dr. Xue Songbai. The AE200 had already completed its maiden test flight in February…