By Michael Elkins
On Monday afternoon, Chinese electric vehicle maker, Xpeng Inc (NYSE:XPEV) completed the company’s first overseas public flight with the XPeng X2 flying car at the 42nd GITEX Global tech show in the United Arab Emirates. The public flight took place at Skydive Dubai, located adjacent to The Palm.
Brian Gu, Vice Chairman and President of XPENG, commented: "XPENG X2's public display in Dubai represents a significant milestone for XPENG AEROHT and the international achievement of flying cars. Dubai is a world-renowned 'City of Innovation', which is the reason we decided to hold the X2 first public flight event here. Today's flight is a major step in XPENG's exploration of future mobility."
The X2 is the fifth generation flying car developed and manufactured by XPeng Aeroht, the flying vehicle division of Chinese automotive firm XPeng Motors. The two-passenger vehicle’s pure electric flight meets the goal of green urban transportation, can meet the needs of short-distance travel in cities, and can also serve in scenarios such as field rescue and medical transportation.
Shares of XPEV are down 0.73% near end of day trading on Tuesday.