For the first time in more than three years.
AeroHT, a division of Chinese automaker XPeng, is also attracting investment from outside, as explained by CnEVPost. It first managed to raise $500 million back in October 2021, but the next round of funding only began recently, within its framework the company received $150 million for the development and mass production of the flying part of the modular all-terrain vehicle, for which it intends to start accepting orders in the fourth quarter of this year.
Image source: XPeng AeroHT
Let us recall that the concept of the new AeroHT vehicle involves the movement of travelers on a six-wheeled electric all-terrain vehicle with a steering rear axle, in the body of which an electric aircraft is stored. The latter will be manufactured on a production line in Guangzhou, for the construction of which part of the recently attracted $150 million will be directed. AeroHT has already concluded agreements with 60 organizations in China that will provide services for the operation of aircraft created by the company.