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WEKU
WEKU
Business
Giulia Heyward

YOU WONT BELIEVE: Chinese tesla competitor unveils plans for flying car - You Need To See This

Xpeng released designs of the flying car, pictured, taking flight above The Alps. (Xpeng /Xpeng)

Chinese electric vehicle company Xpeng has unveiled designs of what could be the world's first flying car.

More than 500 companies are reportedly working on similarly designed vehicles, and roughly two-dozen are already in testing phases. Xpeng, considered to be a rival to the U.S. brand Tesla, shared designs of the full-electric vertical take-off and landing (eVToL) flying car at its fourth annual Tech Day in Guangzhou, China, on Oct. 24. The electric car, according to the company, completed a maiden flight and several tests.

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