Today at the Xpeng Technology Day, Mr.He Xiaopeng the chairman and CEO of Xpeng Auto, one of the leading Chinese electric car manufacturer, presented an eVTOL flying car design. This concept can take off and land vertically as well as can drive on the road, aka a true „flying car“. Xpeng’s aviation subsidiary HT Aero,…

Aura Aero and Amedeo formed a strategic partnership agreement and a letter of intent for 200 19-seat electric regional aircraft called „ERA“ that Aura Aero is developing as a clean sheet design. Gabriella Lapidus, Chief Commercial Officer at Amedeo, said, “We are very pleased to be partnered with AURA AERO in leading such an important…

The Chinese eVTOL startup Huitian Aerotech. annouced that they successfully completed over $500 million USD series A financing with over $ 1billions valuation led by IDG, Xpeng Motor, 5Y Capital and joined by Sequioa, GGV, GL Ventures, Eastern Bell Capital & YF Capital. This is the largest investment in eVTOL and electric aviation in general…