Chinese start-up firm set to deliver flying cars in 2024

Xpeng Heitech, a flying car start-up backed by electric vehicle maker Xpeng Inc, said on Wednesday it would deliver flying cars to customers in 2024.

The start-up, founded in 2013 and funded by Xpeng and Xpeng CEO He Xiaopeng, employed 400 people and would expand that up to 700 by the end of the year, company founder Zhao Deli said.

Xpeng Heitech’s model would also be able to drive on the road, Zhao said.

The electric flying car would be able to drive more than 600km on road with a single charge, but Zhao did not say how far it could fly each time.

Other automakers developing flying cars in China include Geely’s Terrafugia, which is building a factory in Wuhan.

Volkswagen AG is also studying the industry in China.