Xpeng Aeroht

The Aridge A868 flying car can take six passengers, designed to meet the needs of multi-person long-range travel.

Aridge has produced the first flying body of its Land Aircraft Carrier modular flying car at its Guangzhou factory, marking the completion of its mass production line.

Aridge showcased its hybrid long-range flying car A868 under development in Dubai, with an official debut scheduled for November in Guangzhou.

This is a rare occurrence in the flying car sector, highlighting potential safety risks.

Xpeng Aeroht will next conduct manned flight tests across multiple locations in the UAE.

Xpeng Aeroht has completed a $250 million Series B financing round to accelerate the mass production of its Land Aircraft Carrier modular flying car.

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

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.

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.