Key facts
- Hong Kong-based Lalamove and EY have partnered.
- The collaboration aims to develop the 'low-altitude economy' in Hong Kong.
- The initiative will explore drone delivery and related technologies.
Hong Kong logistics company Lalamove and professional services firm EY have announced a partnership to develop the city's burgeoning 'low-altitude economy.' This collaboration is set to explore new business models and regulatory frameworks for unmanned aerial systems (UAS), commonly known as drones.
The initiative aims to leverage Lalamove's extensive logistics network and EY's expertise in business strategy and regulation to foster innovation in drone delivery and other low-altitude applications. The partnership will focus on identifying opportunities and challenges within this emerging sector, with the goal of establishing Hong Kong as a hub for advanced aerial technologies.