EVs Are Pass¨¦! China To Reportedly Launching ¡®Flying Cars¡¯ By 2025; All You Need To Know

Technology has infiltrated our lives to an extent that it has evolved our lives so much. Artificial intelligence has become a new field that many are willing to explore. Some even fear losing their jobs in the wake of AI. It won¡¯t be long when ¡®Flying Cars¡¯ will become the new norm!

Confused? Well, Electric Vehicles seemed like a far-fetched idea, some years back but the world is transitioning to the idea of driving battery-powered cars.

Flying Car Industry Is Ready To Take Off

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As the flying car sector gains momentum globally, China is actively participating in the race. Kellen Xie, Vice President of AutoFlight Group, a Chinese eVTOL(electric vertical take-off and landing aircrafts) company, noted that the Civil Aviation Administration of China (CAAC) is making significant efforts to expedite the regulatory process and has shown strong support for advancing this technology.

The competition for dominance in the burgeoning flying taxi market has escalated, drawing billions of dollars in investment from entrepreneurs worldwide, notably from the US, Europe, and China. While the US has made significant strides in this domain, with eVTOL receiving approval, Europe, including AutoFlight, is still awaiting regulatory clearance.

What Are Flying Cars?

Electric vertical take-off and landing vehicles (eVTOLs), commonly referred to as flying cars or air taxis, are under development by companies across the globe, from the US to Europe and Asia.

According to JPMorgan¡¯s estimate, the eVTOL market is likely to reach a value of $1 trillion by 2040, motivating numerous companies to vie for dominance in the sector.

An eVTOL aircraft has the capability to vertically take off and land, all while being powered by electricity rather than conventional fuel.

While eVTOLs share similarities with helicopters in terms of vertical take-off and landing, they aim to differentiate themselves through various technological advancements and their electric propulsion system.

Additionally, eVTOL companies envision a future where these vehicles are more accessible and affordable for everyday travel within and between cities, unlike helicopters, which are typically expensive to operate.

eVTOL Industry Gaining Momentum in China: An Overview of Developments

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The race among Chinese regulators to approve eVTOL (electric vertical take-off and landing) vehicles is currently underway, with these aircraft capable of achieving high speeds. Offering an attractive solution for efficient transportation needs, they can take off vertically like helicopters and then transition swiftly to a fixed-wing configuration.

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In a significant development reported by the Financial Times, the CAAC certified AutoFlight's unmanned CaryAll aircraft in March. This marked the first instance of regulators authorizing an eVTOL aircraft weighing more than one metric ton for flight, bringing China a step closer to achieving its regulatory goal in this sector.

US Is Making A Car That Can Be Driven On The Streets And Flown In The Air Too!

Alef Aeronautics' Model A flying car received approval from the Federal Aviation Administration in July, a milestone in U.S. history allowing a car to operate on city streets like a conventional automobile and flown in the air like an aircraft. With over 2,850 reservations made as of March, the $300,000(Rs 2.4 crore approx) car is anticipated to hit the roads by the end of 2025.

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