Flying car startup Xpeng Heitech, backed by electric vehicle maker Xpeng, said it plans to deliver a flying car by 2024.
The model will be able to drive on the road as well with a range of 370 miles on a single charge. Details of the engine and the length of the vehicle’s flight time are unknown.
According to Reuters, Xpeng Heitech currently employs 400 people, but is looking to expand the workforce to 700 people by the end of the year.
This is just one of the many startups that are working on flying cars globally.
This year, the market has already seen some progress made by other companies in testing vehicles including AirCar’s 35 minute test flight in Slovikia and air taxi trials by Chinese startup EHang for its passenger-grade vehicle.
Startups are not the only companies looking to capitalize on this emerging market as big name automotive vendors and electronics companies are involved including General Motors that introduced a concept flying car at this year’s CES 2021 and SK Telecom joined UAM Team Korea, a research council developing flying air taxis, for future mobility in the air.