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A subsidiary of Xpeng Inc. (NYSE:XPEV) (OTC:XPNGF), a Chinese electric vehicle maker and Tesla Inc.‘s (NASDAQ:TSLA) rival, plans to become the world’s first mass producer of flying cars by 2026.
What Happened: Xpeng Aeroht’s “land aircraft carrier” — a modular vehicle featuring a passenger drone that unfolds from a six-wheeled van — completed its first public flight at the November Zhuhai Airshow and has reportedly secured approximately 3,000 intended orders, reported The Straits Times.
“In 2026, Xpeng plans to mass produce, for the first time, our modular flying car,” Xpeng Chairman and CEO He Xiaopeng said on Friday. The company broke ground in October on a factory designed to produce 10,000 flying …
