Thousands of Electric Aircraft Ready for Riyadh Expo 2030

FlyNow Aviation’s eCopter (Asharq Al-Awsat)
FlyNow Aviation’s eCopter (Asharq Al-Awsat)
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Thousands of Electric Aircraft Ready for Riyadh Expo 2030

FlyNow Aviation’s eCopter (Asharq Al-Awsat)
FlyNow Aviation’s eCopter (Asharq Al-Awsat)

FlyNow Aviation, an urban air mobility startup from Austria, is gearing up to provide thousands of electric helicopters to enhance mobility and sustainability during the Riyadh Expo 2030.
Yvonne Winter, Chief Operating Officer of FlyNow Aviation, revealed these plans to Asharq Al-Awsat on the sidelines of the 2024 Global Forum on Electric Vehicles and Mobility Technology held last week in Riyadh.
Winter mentioned that the company is set to establish a regional headquarters in Saudi Arabia within one to two months, alongside setting up an assembly line for local production and export to global markets from within the Kingdom.
FlyNow Aviation specializes in manufacturing, operating, and developing efficient, automated electric cargo drones and taxis, leveraging cutting-edge technology to ensure reduced manufacturing and operational costs.
Winter revealed that her company developed a family of electric aircraft known as “eCopter,” consisting of two types: a single-seat version and a dual-seat version capable of carrying passengers or cargo, with a payload capacity of up to 200 kilograms.
The aircraft include a fully battery-powered version currently capable of a 50-kilometer range for safety reasons. In the future, there will also be a hydrogen-powered version and a hybrid version combining both technologies, with the hybrid version offering a range of up to 200 kilometers and a flying speed of up to 130 kilometers per hour.
Winter described the eCopter as “extremely quiet.”
She emphasized the company’s focus on introducing a system to significantly improve ground conditions, especially in tackling traffic congestion.
Winter noted that while her company is finalizing the system, their initial rollout will prioritize cargo to minimize risks.
FlyNow Aviation seeks collaboration from various stakeholders—corporations, regulators, and government bodies—to shape laws, regulations, digital infrastructure, airport facilities, insurance systems, weather checks, and more.
The company plans to continue air freight operations for goods for the next two years, transitioning to passenger transport after completing hundreds of flights to enhance flying comfort and ease concerns.
She expects swift implementation, underscoring the importance of low-altitude economics, typically involving activities focused on civil aviation vehicles.
Moreover, Winter highlighted that the automotive industry of the past century will transform into urban air mobility in the future.
Saudi Arabia is poised to lead these transformations and the new economy in line with Vision 2030, she noted.
Saudi Arabia’s successful bid to host Expo 2030 in Riyadh will serve as a platform to showcase cutting-edge innovations, technologies, and contributions addressing global challenges across various sectors.
The event anticipates welcoming 40 million visitors globally, with a budget of approximately $7.8 billion.



Saudi Energy Ministry, PIF Launch 3 Joint Projects on Localization of Renewable Energy Components

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
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Saudi Energy Ministry, PIF Launch 3 Joint Projects on Localization of Renewable Energy Components

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)

Saudi Arabia’s Ministry of Energy, in collaboration with the Public Investment Fund, participated on Tuesday in the signing of three new agreements to boost the localization of renewable energy industries in the Kingdom.

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030.

The agreements cover the fields of wind turbines, solar cells and panels, and solar wafers and ingots.

An agreement was signed with Envision Energy and Vision Industries Company to localize the production of wind turbines and their components in the Kingdom, aiming to establish a joint project with a production capacity of up to 4 gigawatts annually.

An agreement was also signed with Jinko Solar and Vision Industries Company to localize the production of high-efficiency solar cells and panels with a production capacity of up to 10 gigawatts annually.

Additionally, an agreement was signed with a subsidiary of TCL Zhonghuan Renewable Energy Technology and Vision Industries Company to localize the production of wafers and ingots used in solar panels with a production capacity of up to 20 gigawatts annually.

The projects aim to bolster local supply chains, meet the increasing demand for renewable energy both locally and internationally, and contribute to achieving national renewable energy goals.

The agreements will contribute to localizing the latest technologies within the renewable energy sector and achieving the goal of localizing 75% of renewable energy projects in the Kingdom by 2030 in line with the National Renewable Energy Program.

The projects will enable Saudi Arabia to transform into a global hub for exporting renewable energy technologies.