Chinese EV Maker Xpeng's Flying Car Company Raises Over $500 Million as It Aims to Roll Out in 2024 - NewsBreak

GUANGZHOU, China — HT Aero, the flying car company backed by Chinese electric carmaker Xpeng Inc. and its founder, raised more than $500 million from outside investors. The money will be put toward research and development and rolling out a new model that has the ability to operate in the air and on roads.