Autos

Chinese electric car start-up Xpeng shows off new flying vehicle 

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Electric vehicle start-up Xpeng unveiled its first generation prototype for a flying vehicle at the Beijing Auto Show on Sept. 26, 2020.

Evelyn Cheng

BEIJING — Alibaba-backed Xpeng is putting money into flying car technology as part of the company’s long-term strategy. 

The electric automaker revealed Saturday at the Beijing Auto Show the first in a series of electric flying vehicles the start-up said it is developing.

With eight propellers and a capsule-like frame, the vehicle resembles a human-carrying drone more than a flying car. The prototype was developed by Xpeng Heitech, a technology unit majority-owned by Xpeng and CEO He Xiaopeng.

Xpeng said in a release that the unit is part of…



Source cnbc.com

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