Xpeng-backed start-up announces delivery of flying cars in 2024

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BEIJING: Xpeng Heitech, a flying car startup backed by electric vehicle maker Xpeng Inc, announced on Wednesday that it will deliver flying cars to its customers in 2024.

The start-up, founded in 2013 and funded by Xpeng and Xpeng CEO He Xiaopeng, now employs 400 people and will increase its workforce to 700 by the end of this year, the founder of the company said. company, Zhao Deli, at the World Congress of New Energy Vehicles.

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Xpeng Heitech’s model will be able to ride on the road, Zhao said. The electric flying car will be able to travel over 600 kilometers (370 miles) on the road on a single charge, but Zhao did not specify how far it can fly each time.

Other automakers developing flying cars in China include Geely’s Terrafugia, which is building a factory in downtown Wuhan. Volkswagen AG is also studying the industry in China.

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Regulators in China, however, still have detailed rules on flying vehicles.

(Reporting by Yilei Sun and Brenda Goh; Editing by Marguerita Choy)

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