The Chinese tech industry is currently witnessing a surge in interest surrounding flying cars, with companies like Xpeng and Ehang making headlines. While Xpeng aims to deliver a dual-mode electric vertical take-off and landing (eVTOL) vehicle, Ehang has already started selling its air taxi on Taobao, a popular Chinese online marketplace.
One of the reasons for skepticism towards Xpeng's dual-mode flying car is the perception that the company may be taking on too much by combining EV and eVTOL technologies. This may lead to challenges in navigating different sets of regulations for land and aerial vehicles, potentially hindering their progress in the market. Despite this, China is leading the global eVTOL market, thanks to advanced EV-related technologies, particularly in the field of batteries.
Chinese manufacturers are leveraging their expertise in battery technology to develop solutions specifically tailored for eVTOL vehicles, giving them a competitive advantage. Local governments are also showing support for the sector, with companies like Xpeng, Ehang, and Guangzhou Automobile Group racing to establish a foothold in the emerging market. However, challenges such as limited takeoff and landing points and the absence of traffic rules for individual drivers still pose obstacles to widespread adoption.