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

EUR -
AED 4.135003
AFN 74.312152
ALL 91.998807
AMD 407.29472
ANG 2.015836
AOA 1032.483179
ARS 1713.371989
AUD 1.624961
AWG 2.029499
AZN 1.91856
BAM 1.955775
BBD 2.262771
BDT 138.128209
BGN 1.895446
BHD 0.423495
BIF 3389.456062
BMD 1.125935
BND 1.437881
BOB 13.498825
BRL 5.867029
BSD 1.123485
BTN 108.843589
BWP 15.531799
BYN 3.383956
BYR 22068.333923
BZD 2.259471
CAD 1.604402
CDF 2600.911191
CHF 0.932682
CLF 0.028256
CLP 1115.712356
CNY 7.548891
CNH 7.557396
COP 3725.451706
CRC 514.793327
CUC 1.125935
CUP 26.96265
CVE 110.263571
CZK 24.454533
DJF 200.057407
DKK 7.479143
DOP 67.07913
DZD 150.570048
EGP 58.776238
ERN 16.889031
ETB 183.500221
FJD 2.530259
FKP 0.851099
GBP 0.850212
GEL 2.933107
GGP 0.851099
GHS 13.194829
GIP 0.851099
GMD 82.760588
GNF 9882.871886
GTQ 8.585889
GYD 235.006954
HKD 8.83567
HNL 30.162609
HRK 7.540056
HTG 147.118093
HUF 368.676725
IDR 20141.295479
ILS 3.436727
IMP 0.851099
INR 108.456295
IQD 1471.780921
IRR 1966490.662268
ISK 137.285738
JEP 0.851099
JMD 177.857694
JOD 0.798333
JPY 177.718077
KES 145.82811
KGS 98.463484
KHR 4556.940927
KMF 493.160101
KPW 1013.342222
KRW 1512.345607
KWD 0.347723
KYD 0.936188
KZT 504.773457
LAK 25235.672864
LBP 100605.895823
LKR 371.535184
LRD 192.10751
LSL 18.784656
LTL 3.324595
LVL 0.681068
LYD 7.194907
MAD 11.161855
MDL 20.07674
MGA 4963.935651
MKD 61.574202
MMK 2363.962729
MNT 4050.351228
MOP 9.080782
MRU 44.894418
MUR 54.214216
MVR 17.407387
MWK 1948.074747
MXN 20.447892
MYR 4.599338
MZN 71.951471
NAD 18.784656
NGN 1498.384001
NIO 41.339464
NOK 10.829927
NPR 174.149742
NZD 2.004693
OMR 0.432034
PAB 1.123485
PEN 3.89325
PGK 5.087934
PHP 70.464983
PKR 311.170466
PLN 4.386363
PYG 6572.914794
QAR 4.095147
RON 5.339077
RSD 117.478477
RUB 94.165779
RWF 1663.878431
SAR 4.214702
SBD 9.095387
SCR 15.468899
SDG 677.254284
SEK 11.304508
SGD 1.439625
SHP 0.850115
SLE 27.702139
SLL 23610.293318
SOS 642.091676
SRD 42.573311
STD 23304.589613
STN 24.499682
SVC 9.829873
SYP 14639.412412
SZL 18.780757
THB 37.722942
TJS 10.341466
TMT 3.940774
TND 3.347757
TOP 2.710982
TRY 55.314396
TTD 7.617901
TWD 35.829296
TZS 2960.361624
UAH 50.551445
UGX 4482.941887
USD 1.125935
UYU 45.279413
UZS 13250.828227
VES 974.472491
VND 29257.994447
VUV 134.924899
WST 3.139874
XAF 655.957
XAG 0.018651
XAU 0.000271910232
XCD 3.042897
XCG 2.024774
XDR 0.796095
XOF 655.957
XPF 119.331742
YER 266.062577
ZAR 18.752511
ZMK 10134.773796
ZMW 22.075714
ZWL 362.550741
SSP 6432.009114
MXV 2.313642
  • AZN

    -0.8000

    156.9

    -0.51%

  • BCC

    0.2900

    74.99

    +0.39%

  • BTI

    0.2849

    52.64

    +0.54%

  • RYCEF

    0.1200

    19.42

    +0.62%

  • RBGPF

    0.0900

    65.09

    +0.14%

  • CMSC

    0.0800

    20.24

    +0.4%

  • RIO

    1.3400

    94.21

    +1.42%

  • GSK

    -0.1500

    47.03

    -0.32%

  • BCE

    -0.1900

    19.73

    -0.96%

  • NGG

    0.7900

    76.12

    +1.04%

  • RELX

    -0.0700

    33.42

    -0.21%

  • VOD

    0.4400

    16.82

    +2.62%

  • BP

    0.2900

    44.79

    +0.65%

  • JRI

    0.1300

    10.9

    +1.19%

  • CMSD

    0.0900

    20.43

    +0.44%

Electric vehicle prowess helps China's flying car sector take off
Electric vehicle prowess helps China's flying car sector take off / Photo: Jade GAO - 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.

R.Schmid--NZN