Everything you need to know about Xpeng's 2024 AI Day event.
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Category: Flying Cars
The manufacturing site will be used to produce the flying body portion of Xpeng Aeroht's modular flying car, with a planned annual capacity of 10,000 units.
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Xpeng Aeroht has signed pre-order contracts with two companies for 150 modular flying cars worth nearly RMB 300 million ($42.8 million).
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Xpeng Aeroht said it has received more than 1,000 pre-orders for its modular flying car, with more than 3,000 intended orders.
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Xpeng Aeroht is aiming to start mass production and deliveries of its modular flying car in 2026, with a price tag that will be no more than RMB 2 million ($280,000), its founder said.
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By the end of this year, an eVTOL powered by CATL batteries is expected to make its maiden flight, the battery maker's chairman said.
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Xpeng Aeroht has secured $150 million in Series B1 funding and launched a Series B2 round. Its last round was in October 2021, when it was valued at over $1 billion pre-investment.
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CATL invested hundreds of millions of dollars in Autoflight, the first known CATL investment in an eVTOL maker.
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Xpeng Aeroht will build a manufacturing center for flying cars in Guangzhou, which will first be used to produce the flying body of its modular flying car.
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