Flying Cars

Du Chao, a Wall Street banker with extensive experience in overseas IPO financing, has joined Xpeng Aeroht.

The EH216 series eVTOL equipped with the new batteries are expected to achieve significant performance improvements, including longer flight ranges and stronger power output.

The official guide price for the Govy AirCab is no more than RMB 1.68 million ($233,900), with deliveries set to begin by the end of 2026.

Chery will launch its first eVTOL in October, becoming the latest player in the so-called low-altitude economy in China.

Xpeng Aeroht and Dongan signed a strategic cooperation agreement to create aviation-specific hybrid systems.

Xpeng Aeroht said its mass-production factory for flying cars is now 70 percent complete and is scheduled for completion in the fourth quarter.

Ehang has received Air Operator Certificates for its EH216-S eVTOL, giving it regulatory green light for paid operations.

Ehang will launch a trial run of eVTOL sightseeing tours in Shanghai in preparation for its commercialization of air cabs in the city.

The AirJet, which has a range of over 200 km, is Govy's first product and GAC's second flying car.

In roughly two to three years' time, air traffic networks and ground flight service facilities in China's major cities will be largely completed, an industry body said.