Xpeng's AeroHT Secures $150 Million for Flying Car Development in Guangzhou

Xpeng's flying car unit, AeroHT, has secured $150 million in a Series B1 funding round. The proceeds from this financing will support the research, development, mass production, and commercialization of its flying car in Guangzhou. The company has also launched a B2 financing round to further advance its projects. AeroHT, a subsidiary of Chinese electric vehicle maker Xpeng Inc., is making significant strides in the development of flying cars, with the latest funding aimed at ensuring the project's success.