Funding is flowing to startups from California-based Joby Aviation to Israel’s AIR who promise to usher in an era of personal air transportation from jetpacks to flying taxis. HT Aero, a flying car startup backed by Chinese electric vehicle company Xpeng, said last week it has raised over $500 million in its latest funding round, Nikkei Asia reported.
Honda Motor revealed last month that it has been developing a flying car as a part of its 5 trillion yen research and development over the next six years.
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