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Onlookers watch a demonstration of the flying module component of XPeng AeroHT's Land Aircraft Carrier in Haikou, Hainan province, on Jan 21. SU BIKUN/FOR CHINA DAILY
The dream of owning a flying car, however wild it may sound, is poised to soon become a reality with a Chinese automaker one of the first in the world to start commercial production.
In late March, XPeng Motors Chairman He Xiaopeng told the China EV100 Forum in Beijing that the new energy vehicle startup's subsidiary XPeng AeroHT will start mass production of a hybrid flying car in 2026.
XPeng AeroHT's model, billed as the "Land Aircraft Carrier", consists of a ground vehicle and a flying module.
With six propellers, the electric flying module has a short flight range of up to 30 kilometers. It can be folded and stored in the ground vehicle's trunk in five minutes. He said it is the first storable module of its kind.
A plant to build the vehicle is under construction in Guangzhou, Guangdong province, with a planned annual production capacity of 10,000 units, he said.
On April 1, the company announced that it had secured loans of up to 1.26 billion yuan ($170 million) from a group of five Chinese banks for the construction, which is expected to be completed later this year.
The vehicle will be priced under 2 million yuan and deliveries will start next year, He said.
It was the third time in a month that He had mentioned publicly the upcoming arrival of the model at a high-profile event. But his repetition is understandable as the vehicle stands to revolutionize personal mobility and is an early attempt to tap into a potential trillion-dollar market.
XPeng's Land Aircraft Carrier in Haikou. SUN SHIJIE/FOR CHINA DAILY
GAC Group's flying car GOVY on display during the 15th China International Aviation and Aerospace Exhibition in Zhuhai, Guangdong province, in November. CHEN CHUHONG/CHINA NEWS SERVICE
The low-altitude economy is also driven by planes such as the light sport aircraft CTLS. [Photo provided to China Daily]
The rise of the low-altitude economy in China, which includes flying cars, has been elevated by domestic technological breakthroughs and policy support.
Battery manufacturing giants such as CATL are developing high-density batteries for both electric vehicles as well as robots and flying cars.
EVE, a battery maker headquartered in Guangdong, has been selected by XPeng AeroHT to provide low-voltage batteries for its projects. The company has also been offering batteries to parent company XPeng for its electric vehicles.
Huawei's AI-powered air-traffic management system, running on Ascend AI chips, can process millions of flight paths per second and has undergone city-scale simulation tests in Shenzhen, Guangdong.
Purchasing advanced vehicles a step closer, 'low-altitude economy' set for boost
Onlookers watch a demonstration of the flying module component of XPeng AeroHT's Land Aircraft Carrier in Haikou, Hainan province, on Jan 21. SU BIKUN/FOR CHINA DAILY
The dream of owning a flying car, however wild it may sound, is poised to soon become a reality with a Chinese automaker one of the first in the world to start commercial production.
In late March, XPeng Motors Chairman He Xiaopeng told the China EV100 Forum in Beijing that the new energy vehicle startup's subsidiary XPeng AeroHT will start mass production of a hybrid flying car in 2026.
XPeng AeroHT's model, billed as the "Land Aircraft Carrier", consists of a ground vehicle and a flying module.
With six propellers, the electric flying module has a short flight range of up to 30 kilometers. It can be folded and stored in the ground vehicle's trunk in five minutes. He said it is the first storable module of its kind.
A plant to build the vehicle is under construction in Guangzhou, Guangdong province, with a planned annual production capacity of 10,000 units, he said.
On April 1, the company announced that it had secured loans of up to 1.26 billion yuan ($170 million) from a group of five Chinese banks for the construction, which is expected to be completed later this year.
The vehicle will be priced under 2 million yuan and deliveries will start next year, He said.
It was the third time in a month that He had mentioned publicly the upcoming arrival of the model at a high-profile event. But his repetition is understandable as the vehicle stands to revolutionize personal mobility and is an early attempt to tap into a potential trillion-dollar market.
XPeng's Land Aircraft Carrier in Haikou. SUN SHIJIE/FOR CHINA DAILY
GAC Group's flying car GOVY on display during the 15th China International Aviation and Aerospace Exhibition in Zhuhai, Guangdong province, in November. CHEN CHUHONG/CHINA NEWS SERVICE
The low-altitude economy is also driven by planes such as the light sport aircraft CTLS. [Photo provided to China Daily]
The rise of the low-altitude economy in China, which includes flying cars, has been elevated by domestic technological breakthroughs and policy support.
Battery manufacturing giants such as CATL are developing high-density batteries for both electric vehicles as well as robots and flying cars.
EVE, a battery maker headquartered in Guangdong, has been selected by XPeng AeroHT to provide low-voltage batteries for its projects. The company has also been offering batteries to parent company XPeng for its electric vehicles.
Huawei's AI-powered air-traffic management system, running on Ascend AI chips, can process millions of flight paths per second and has undergone city-scale simulation tests in Shenzhen, Guangdong.
