- The flying electric car can carry two people and levitate from 5-25 m
- It was not made clear when the car will hit the market
- Alibaba-backed Xpeng went public on the New York Stock Exchange in Aug
Xpeng, an Alibaba-backed electric vehicle startup based in China that is developing a series of electric flying vehicles, unveled its first prototype at the Beijing Auto Show on Saturday.
The vehicle, named Kiwigogo, can carry two passengers and levitate at least 5 meters and up to 25 meters, the South China Morning Post reported. It looks like a drone and is installed with eight turbofans. Kiwigogo was developed by Xpeng Heitech, a tech unit of Xpeng (NYSE: XPEV).
The flying car is still in its concept phase and there is little clarity as to when it will hit the market.
“Xpeng’s efforts in the electric air-enabled mobility space will remain focused