Company type | Private |
|---|---|
| Industry | Aerospace, Advanced Air Mobility |
| Founder | Yon Wui Ng |
| Headquarters | , China |
Area served | Worldwide |
Key people | Yon Wui Ng (chief executive) |
| Products | Manned eVTOL aircraft E20 eVTOL |
| Website | www |
TCab Technology Co., Ltd. (also known as TCab Tech) is a company based in Shanghai, China that develops and manufactures electric vertical take-off and landing (eVTOL) aircraft. The name "TCab" stands for "time taxi." The company produces zero-emission eVTOL aircraft for public use in advanced air mobility (AAM) air ridesharing services.1
History
TCab Tech was founded in May 2021 by Yon Wui Ng and other engineers with backgrounds in traditional aviation and eVTOL technology.234
In August 2021, the E20 25% sub-scale eVTOL prototype aircraft completed its transition flight. By December 2021, the E20 50% sub-scale eVTOL prototype aircraft successfully completed its maiden flight.5
The E20 50% sub-scale eVTOL prototype aircraft successfully completed a tilt transition flight in March 2022.6 By May 2022, TCab Tech had partnered with Safran to equip the E20 with intelligent electric motors.7
In June 2023, the E20 eVTOL prototype rolled off the production line. TCab Tech completed the frame machine test in August 2023.8
In October 2023, the E20 eVTOL prototype completed its first flight. On October 27, the Civil Aviation Administration of China (CAAC) accepted its application for type certificate.8
During the 7th China International Import Expo (CIIE), TCab Tech signed a memorandum of understandingwith Autocraft. The agreement aims to jointly explore the commercial applications and operations of the E20 eVTOL in the UAE, focusing on initiatives such as aerial sightseeing and urban air taxi services.91011
In February 2023, the company announced a Pre-A round of $15 million, and raised an additional $20 million from a strategic fund to introduce the air-taxi application in the Middle East region in 2024.1213
In October 2024, TCab Tech raised the hundreds of millions of yuan during its Series B financing round, with investments from HongTai Aplus, AnTai Fund, and GuoTou Group.14 At the same time, the company announced plans to establish a manufacturing plant in the Wanzhi District of Wuhu, Anhui Province. The local government agreed to provide financial facilitation and operational support for the E20 eVTOL project.151617
In January 2025, the European Union Aviation Safety Agency (EASA) awarded type certification to Safran's ENGINeUS 100 motor. 18 TCab Tech had signed a cooperation agreement with Safran in 202219 to integrate this motor into the E20 aircraft, making it the first tilt-rotor eVTOL equipped with the certified propulsion system.2021
In March 2025, the E20 eVTOL completed its structural validation campaign, which tested ground operations, flight maneuvers, gust loads, and system failure conditions. Later that month, TCab Tech secured Series B+ funding, co-led by Grand Neo Bay Venture Capital and Chiforturne Venture Capital, to fund operations in Shanghai and the Yangtze River Delta region.22
In April 2025, BOC Leasing placed a purchase order for 100 E20 aircraft.23
In July 2025, TCab Tech signed a memorandum of understanding (MoU) with Autocraft, a technology enterprise based in the United Arab Emirates. The agreement covered the potential delivery of up to 350 electric aircraft for aerial sightseeing and air mobility operations in the Middle East and North Africa (MENA) region.24
In October 2025, TCab Tech conducted the first manned flight test of the E20 eVTOL. The flight was piloted by the company's Chief Test Pilot, with founder and CEO Yon Wui Ng on board as a passenger.2526 The E20 subsequently completed its transition flight tests in December 2025.27
In November 2025, the company announced a partnership with China Simulation Sciences (CSS) to develop an aviation simulation and training system for the E20.28
At the 8th China International Import Expo (CIIE) that same month, TCab Tech launched the "Air Silk Road Global Pioneer Partnership" and signed an MoU with the Singapore-based firm NexAvian to support expansion into Southeast Asia.29
In November 2025, TCab Tech raised RMB 300 million in a Series B++ funding round, with participation from Meridian Capital, HuaHan Capital, and Puhua Capital.2730
Aircraft


- E20 eVTOL
TCab Tech is currently focusing on developing a passenger-carrying vectored thrust eVTOL aircraft that adopts a tilt-rotor configuration, called the E20 eVTOL.
Specifications:1
- Piloting: 1 pilot
- Capacity: 4 passengers
- Cruise speed: 260 km/h (162 mph)
- Maximum speed: 320 km/h (199 mph)
- Range: 200 km (125 miles)
- Cruise altitude range: 300–600 m (984–1,969 ft)
- Maximum payload: 450 kg (992 lb)
- Propellers: 6 propellers (4 tilt-propellers, 2 double-stacked VTOL propellers)
- Electric Motors: 6 electric motors
References
References
- "TCab Tech E20 (prototype)". evtol.news.
- "eFlight Journal". September 29, 2021.
- "Tencent Co-Founder Joins Funding for Chinese Air Taxi Startup". Bloomberg. February 7, 2023.
- "TCab Tech closes Series A financing with additional 20 million USD". Yahoo Finance. March 26, 2024.
- "China's TCab E20 eVTOL prototype is making regular transition flights". New Atlas. May 16, 2022.
- "TCab Tech successfully completed transition flights with the E20 50% subscale demonstrator". April 14, 2022 – via YouTube.
- Alcock, Charles. "TCab Starts Flight Testing eVTOL Aircraft Technology Demonstrator". Aviation International News.
- Alcock, Charles. "China's TCab Tech Completes Initial Flight Testing of E20 eVTOL Aircraft". Aviation International News.
- "Tcab Tech CEO sees CIIE as milestone for affordable, sustainable eVTOL solutions".
- "TCab Tech, Autocraft partner to launch eVTOLs in the UAE". November 12, 2024.
- Macey, Joe (November 11, 2024). "TCab Tech & Autocraft to Expand Middle East Market with E20 eVTOL".
- "TCab Tech closes Series A financing with additional 20 million USD". Yahoo Finance. 2024-03-26.
- "TCab Tech closes Series A financing with additional 20 million USD". The Malaysian Reserve. March 26, 2024.
- "时的科技完成B+轮战略融资,上海大零号湾创投和紫峰资本投资". finance.ifeng.com (in Chinese). Retrieved 2026-04-13.
- "时的科技完成数亿元B轮融资 - 21财经". m.21jingji.com. Retrieved 2026-04-13.
- "时的科技完成数亿元B轮融资 拟于安徽芜湖建立总装制造工厂". www.cls.cn. Retrieved 2026-04-13.
- TCab Tech (2024-10-31). "TCab Tech Raises Several Hundred Million Yuan in Series B Financing to Accelerate E20 eVTOL Commercialization". Retrieved 2026-04-13.
- "How EASA certified Safran's ENGINeUS 100 electric engine | EASA". www.easa.europa.eu. 2025-02-04. Retrieved 2026-04-13.
- "TCab Tech partners with Safran on the electric motors for the E20 eVTOL". Safran. 2022-05-31. Retrieved 2026-04-13.
- TCab Tech (2025-02-07). "Congratulations to Safran Electrical & Power on Obtaining EASA Certification of the First Electric Motor for New Air Mobility". Retrieved 2026-04-13.
- "TCab Tech partners with Safran for electric motors of its eVTOL E20". Retrieved 2026-04-13.
- PRNewswire. "TCab Tech Secures B+ Round Funding to Accelerate Commercialization of E20 eVTOL in Low-Altitude Economy". Benzinga. Archived from the original on 2025-04-01. Retrieved 2026-04-13.
- Stonor, Chris (2025-04-23). "China: "TCab Tech Gains 100 eVTOL Aircraft Order from BOC Leasing" - eVTOL Insights". Retrieved 2026-04-13.
- Ros, Miquel (2025-07-16). "China's TCab Tech receives order for 350 eVTOLs from UAE - AeroTime". www.aerotime.aero. Retrieved 2026-04-13.
- TCab Tech. "TCab Tech E20 eVTOL Successfully Completes Transition Flight Tests". www.prnewswire.com. Retrieved 2026-04-13.
- Macey, Joe (2025-10-21). "TCab Tech Completes First Manned Flight Test with E20 eVTOL". Advanced Air Mobility Intl. Retrieved 2026-04-13.
- "TCab Tech secures funding and advances E20 certification | Magazine | Business Air News". www.businessairnews.com. Retrieved 2026-04-13.
- Butterworth-Hayes, Philip. "TCab Tech partners with China Simulation Services to provide training for E20 eVTOL pilots". Retrieved 2026-04-13.
- Macey, Joe (2025-11-17). "TCab Tech Launches Global 'Air Silk Road' Initiative & NexAvian Partnership to Drive eVTOL Expansion". Advanced Air Mobility Intl. Retrieved 2026-04-13.
- TCab Tech. "TCab Tech Secures RMB 300 Million in Series B++ Funding to Power E20 eVTOL Industrialization". www.prnewswire.com. Retrieved 2026-04-13.