Xpeng’s electric flying car unit snaps $150m, eyes pre-orders in Q4

Xpeng’s electric flying car unit snaps $150m, eyes pre-orders in Q4

Xpeng Aeroht's modular flying car. Image Source: Xpeng Aeroht's official website.

Xpeng Aeroht, a subsidiary of EV maker Xpeng, has raked in $150 million in a Series B1 funding round as the firm looks to kickstart preorders for its modular flying car in Q4 this year and start deliveries to consumers in Q4 2025.

Edited by: Pramod Mathew