Alibaba-backed Xpeng is putting money into flying car technology as part of the company’s long-term strategy.
The electric automaker revealed Saturday at the Beijing Auto Show the first in a series of electric flying vehicles the start-up said it is developing.
With eight propellers and a capsule-like frame, the vehicle resembles a human-carrying drone more than a flying car. The prototype was developed by Xpeng Heitech, a technology unit majority-owned by Xpeng and CEO He Xiaopeng.
Xpeng said in a release that the unit is part of the company’s long term research and development, and the core businesses and development strategy remain unchanged. The company foresees benefits from the research in areas such as precision and mapping technologies.