The Japan Times - Electric vehicle prowess helps China's flying car sector take off

EUR -
AED 4.277424
AFN 76.282379
ALL 96.389901
AMD 444.278751
ANG 2.0846
AOA 1067.888653
ARS 1666.882107
AUD 1.752778
AWG 2.096182
AZN 1.984351
BAM 1.954928
BBD 2.344654
BDT 142.403852
BGN 1.956425
BHD 0.438198
BIF 3455.206503
BMD 1.164546
BND 1.508021
BOB 8.044377
BRL 6.334667
BSD 1.164081
BTN 104.66486
BWP 15.466034
BYN 3.346807
BYR 22825.091832
BZD 2.341246
CAD 1.610276
CDF 2599.265981
CHF 0.936525
CLF 0.027366
CLP 1073.571668
CNY 8.233458
CNH 8.232219
COP 4463.819362
CRC 568.64633
CUC 1.164546
CUP 30.860456
CVE 110.752812
CZK 24.203336
DJF 206.963485
DKK 7.470448
DOP 74.822506
DZD 151.068444
EGP 55.295038
ERN 17.468183
ETB 180.679691
FJD 2.632397
FKP 0.872083
GBP 0.872973
GEL 3.138497
GGP 0.872083
GHS 13.3345
GIP 0.872083
GMD 85.012236
GNF 10116.993527
GTQ 8.917022
GYD 243.550308
HKD 9.065929
HNL 30.604708
HRK 7.535429
HTG 152.392019
HUF 381.994667
IDR 19435.740377
ILS 3.768132
IMP 0.872083
INR 104.760771
IQD 1525.554607
IRR 49041.926882
ISK 149.038983
JEP 0.872083
JMD 186.32688
JOD 0.825709
JPY 180.935883
KES 150.58016
KGS 101.839952
KHR 4664.005142
KMF 491.43861
KPW 1048.083022
KRW 1716.311573
KWD 0.357481
KYD 0.970163
KZT 588.714849
LAK 25258.992337
LBP 104285.050079
LKR 359.069821
LRD 206.012492
LSL 19.73949
LTL 3.438601
LVL 0.704422
LYD 6.347216
MAD 10.756329
MDL 19.807079
MGA 5225.31607
MKD 61.612515
MMK 2445.475195
MNT 4130.063083
MOP 9.335036
MRU 46.419225
MUR 53.689904
MVR 17.938355
MWK 2022.815938
MXN 21.164687
MYR 4.787492
MZN 74.426542
NAD 19.739485
NGN 1688.68458
NIO 42.826206
NOK 11.767853
NPR 167.464295
NZD 2.015483
OMR 0.446978
PAB 1.164176
PEN 4.096293
PGK 4.876539
PHP 68.66747
PKR 326.50949
PLN 4.229804
PYG 8006.428369
QAR 4.240169
RON 5.092096
RSD 117.610988
RUB 88.93302
RWF 1689.755523
SAR 4.37074
SBD 9.584899
SCR 15.748939
SDG 700.4784
SEK 10.946786
SGD 1.508557
SHP 0.873711
SLE 27.603998
SLL 24419.93473
SOS 665.542019
SRD 44.985272
STD 24103.740676
STN 24.921274
SVC 10.184839
SYP 12877.828498
SZL 19.739476
THB 37.119932
TJS 10.680789
TMT 4.087555
TND 3.436865
TOP 2.803946
TRY 49.523506
TTD 7.89148
TWD 36.437508
TZS 2835.668687
UAH 48.86364
UGX 4118.162907
USD 1.164546
UYU 45.529689
UZS 13980.369136
VES 296.437311
VND 30697.419423
VUV 142.156196
WST 3.249257
XAF 655.661697
XAG 0.019993
XAU 0.000278
XCD 3.147243
XCG 2.098055
XDR 0.815205
XOF 655.061029
XPF 119.331742
YER 277.802752
ZAR 19.711451
ZMK 10482.311144
ZMW 26.913878
ZWL 374.983176
  • RBGPF

    0.0000

    78.35

    0%

  • NGG

    -0.5000

    75.41

    -0.66%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • GSK

    -0.1600

    48.41

    -0.33%

  • RIO

    -0.6700

    73.06

    -0.92%

  • RELX

    -0.2200

    40.32

    -0.55%

  • BTI

    -1.0300

    57.01

    -1.81%

  • SCS

    -0.0900

    16.14

    -0.56%

  • BCC

    -1.2100

    73.05

    -1.66%

  • JRI

    0.0400

    13.79

    +0.29%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • AZN

    0.1500

    90.18

    +0.17%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • BCE

    0.3300

    23.55

    +1.4%

  • VOD

    -0.1630

    12.47

    -1.31%

  • BP

    -1.4000

    35.83

    -3.91%

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.

M.Yamazaki--JT