Xpeng AeroHT, an affiliate of Chinese electric vehicle (EV) maker Xpeng, is set to launch its first flying car priced at around US$200,000, with delivery expected by the end of next year. The company aims to mass-produce the flying car in the next two years, targeting sales of 5,000 units. With China’s low-altitude economy growing rapidly, Xpeng AeroHT sees a significant market opportunity, with estimates suggesting it could reach 2 trillion yuan by 2030.
The eVTOL model developed by Xpeng AeroHT will provide an innovative urban air mobility solution for individuals, offering safe and carbon-neutral transportation options. The company plans to launch the flying car initially in mainland China before expanding globally to regions like the Middle East and Hong Kong. With a strong focus on technology and safety, Xpeng AeroHT aims to establish itself as a leader in the Asia flying car market.
Other companies like Lilium and Joby have also made significant strides in the air taxi industry, indicating a growing interest and investment in the urban air mobility sector.
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