Global flying car market set to see rapid growth, expert predicts

Detailed summary

The global flying car market is projected to enter a period of rapid growth over the next decade, according to Zhao Deli, founder and president of Aridge, an advanced air mobility…

The global flying car market is projected to enter a period of rapid growth over the next decade, according to Zhao Deli, founder and president of Aridge, an advanced air mobility company affiliated with XPeng.

"Low-altitude travel will advance in two main directions in the next decade, with traditional aviation evolving toward being more intelligent, electric and convenient," Zhao said.

Most importantly, the world will gradually enter an era of three-dimensional travel, as the automobiles of the new era will eventually develop wings to take to the skies, Zhao said.

Zhao made the remarks at Web Summit, a major global technology conference held in Lisbon, Portugal, from Monday to Thursday.

Zhao, as a representative of Chinese tech companies at the summit, presented the world's first modular flying car, known as the land carrier, and shared insights into China's practices and systematic solutions for low-altitude travel with the global industry and investors.

The land carrier features a globally innovative onboard automatic separation and combination mechanism, allowing it to automatically separate and combine within five minutes.

"The design systematically addresses three major challenges faced by flying vehicles — mobility, parking, and energy replenishment," Zhao said.

The company has recently signed a strategic cooperation agreement with the United Arab Emirates to jointly establish a national-level advanced air traffic regulation sandbox. It also plans to gradually roll out pilot projects in the Middle East and Southeast Asia.

Opening of the article, excerpted from China Daily. To read the rest, open the article on the publisher's site.