The Fort Worth Press - Electric vehicle prowess helps China's flying car sector take off

USD -
AED 3.672498
AFN 63.497547
ALL 81.529489
AMD 375.111005
ANG 1.789884
AOA 917.999982
ARS 1378.523602
AUD 1.399747
AWG 1.8
AZN 1.705187
BAM 1.670018
BBD 2.021074
BDT 123.120931
BGN 1.668102
BHD 0.377128
BIF 2983.85754
BMD 1
BND 1.277223
BOB 6.933593
BRL 4.986904
BSD 1.003407
BTN 94.06767
BWP 13.491474
BYN 2.823304
BYR 19600
BZD 2.018171
CAD 1.367345
CDF 2311.000112
CHF 0.785605
CLF 0.022619
CLP 890.230131
CNY 6.824798
CNH 6.837295
COP 3571.47
CRC 457.171157
CUC 1
CUP 26.5
CVE 94.15346
CZK 20.826498
DJF 178.685179
DKK 6.38854
DOP 60.386896
DZD 132.520991
EGP 52.016653
ERN 15
ETB 157.950756
EUR 0.854701
FJD 2.2179
FKP 0.740159
GBP 0.741525
GEL 2.690411
GGP 0.740159
GHS 11.10817
GIP 0.740159
GMD 72.99989
GNF 8806.991628
GTQ 7.669581
GYD 209.952866
HKD 7.831715
HNL 26.659209
HRK 6.438902
HTG 131.351211
HUF 312.151012
IDR 17296
ILS 2.99945
IMP 0.740159
INR 94.01355
IQD 1314.468201
IRR 1319499.999915
ISK 122.930288
JEP 0.740159
JMD 158.959624
JOD 0.708977
JPY 159.525497
KES 129.589813
KGS 87.427399
KHR 4016.616359
KMF 420.999881
KPW 899.990254
KRW 1484.498504
KWD 0.30832
KYD 0.836208
KZT 464.965162
LAK 22138.636519
LBP 89858.937248
LKR 318.857162
LRD 184.634433
LSL 16.494808
LTL 2.95274
LVL 0.60489
LYD 6.345262
MAD 9.265398
MDL 17.188821
MGA 4161.845762
MKD 52.672284
MMK 2099.66818
MNT 3578.517246
MOP 8.094644
MRU 40.057552
MUR 46.520113
MVR 15.450096
MWK 1739.624204
MXN 17.370904
MYR 3.964975
MZN 63.90969
NAD 16.494808
NGN 1351.589826
NIO 36.930302
NOK 9.31305
NPR 150.509557
NZD 1.698445
OMR 0.384501
PAB 1.003488
PEN 3.448364
PGK 4.413987
PHP 60.4945
PKR 279.73666
PLN 3.629515
PYG 6311.960448
QAR 3.658464
RON 4.3513
RSD 100.307973
RUB 75.106107
RWF 1466.294941
SAR 3.750577
SBD 8.048395
SCR 13.694533
SDG 600.505105
SEK 9.24218
SGD 1.276955
SHP 0.746601
SLE 24.650016
SLL 20969.496166
SOS 573.470581
SRD 37.458049
STD 20697.981008
STN 20.921395
SVC 8.780484
SYP 110.631499
SZL 16.48863
THB 32.396248
TJS 9.447326
TMT 3.505
TND 2.91772
TOP 2.40776
TRY 44.926798
TTD 6.80289
TWD 31.538497
TZS 2604.999712
UAH 44.026505
UGX 3717.808593
UYU 39.893265
UZS 12170.349023
VES 482.15515
VND 26329
VUV 117.946979
WST 2.711482
XAF 560.113225
XAG 0.013179
XAU 0.000213
XCD 2.70255
XCG 1.80844
XDR 0.696601
XOF 560.115617
XPF 101.833707
YER 238.649955
ZAR 16.53455
ZMK 9001.217366
ZMW 19.090436
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • BCC

    -0.2100

    82.24

    -0.26%

  • JRI

    -0.0500

    13

    -0.38%

  • RYCEF

    -1.9600

    15.2

    -12.89%

  • GSK

    -0.4200

    55.7

    -0.75%

  • BCE

    -0.1700

    23.73

    -0.72%

  • NGG

    1.3300

    85.6

    +1.55%

  • CMSC

    0.1700

    22.83

    +0.74%

  • RIO

    2.5600

    100.28

    +2.55%

  • RELX

    -0.8000

    36.27

    -2.21%

  • VOD

    0.1200

    15.31

    +0.78%

  • BTI

    1.3400

    56.17

    +2.39%

  • CMSD

    0.0900

    23.13

    +0.39%

  • BP

    0.4600

    46.37

    +0.99%

  • AZN

    -0.9700

    194.81

    -0.5%

Electric vehicle prowess helps China's flying car sector take off
Electric vehicle prowess helps China's flying car sector take off / Photo: © AFP/File

Electric vehicle prowess helps China's flying car sector take off

A worker in white gloves inspects the propellers of a boxy two-seater aircraft fresh off the assembly line at a Chinese factory trialling the mass production of flying cars.

Text size:

Globally, technical and regulatory challenges have prevented the much-hyped flying car sector from getting off the ground.

But Chinese companies are building on rapid development of drones and electric vehicles (EVs) in the world's second-largest economy, while harnessing government support for the futuristic inventions.

"China has the potential to establish a competitive edge" for flying cars, said Zhang Yangjun, a professor at Tsinghua University's School of Vehicle and Mobility.

"Future competition will increasingly hinge upon cost control and supply-chain efficiency, and these are areas where China holds clear advantages," he told AFP.

At the brightly lit factory in the southern industrial heartland of Guangzhou, logistics robots zip around ferrying unfinished parts.

The lightweight six-propeller aircraft under construction take off vertically and fit into a large car, to create the "Land Aircraft Carrier" -- a modular flying vehicle made by Aridge, an arm of Chinese EV maker XPeng.

The flying part is stored and charged in a wheeled on-land vehicle dubbed "the mothership".

At full capacity, the Aridge factory can churn out one every 30 minutes. It began its trial production phase in early November and the company plans to start deliveries next year, saying it has had more than 7,000 pre-orders.

- James Bond -

But there is a long way to go before flying cars are whizzing through the air every day.

"Regulations, the consumer's comfort with this product, and also how you manage airspaces, your supply chains, all need to catch up gradually," Michael Du, vice president of Aridge, told reporters at a recent event.

Competition is heating up among global tech giants over the future of aerial mobility, with Tesla CEO Elon Musk teasing the debut of a flying car prototype within weeks.

"If you took all the James Bond cars and combined them, it's crazier than that," Musk told the Joe Rogan Experience podcast.

American aviation pioneer Glenn Curtiss debuted the first flying car prototype in 1917.

But successful designs have only become possible in recent years as electric motors and high-performance batteries have advanced.

Major players in the sector have conducted manned test flights, including California-based companies Joby and Archer, as well as Aridge, EHang and Volant in China.

This year EHang became the world's first flying car company to be fully approved for commercial operation, something Aridge has yet to achieve.

EHang plans to introduce an air taxi service, priced similarly to a premium road taxi, within three years.

"Flying cars remain at an early developmental stage," said Zhang, who edited a white paper on China's flying car industry.

He still sees the sector as worthy of long-term endeavour, and authorities agree.

- Low-altitude economy -

Beijing has named the "low-altitude economy" -- flying cars, drones and air taxis -- as a strategic field for the next five years, seeking to accelerate their development.

Provincial governments from Guangdong to Sichuan have pledged to loosen restrictions.

A Boston Consulting Group report said China's flying car market is approaching "a critical inflection point", and predicted it will be worth $41 billion by 2040.

However, the sector has struggled to find viable business models elsewhere, with several high-profile insolvencies in Europe, and leading US players burning through cash with plans for mass production yet to materialise.

Direct comparisons between the sector in China and other international markets is tricky.

But "in terms of the EV supply chain, China is far in the lead", said Brandon Wang, a Beijing-based investor whose portfolio includes AI, robotics and flying cars.

Flying cars can use EV parts once they are certified for aviation use, which may help Chinese companies scale up.

China also has an "engineer dividend" that allows its companies to quickly solve technical issues in the production process, Wang added.

N.Patterson--TFWP