XPeng Aeroht, the flying car division of XPeng Motors recently changed its organizational structure with He Xiaopeng, chairman and CEO of the electric vehicle company, no longer chairman.
Another change is that Zhao Deli is now an executive director and manager after previously serving as director and general manager, according to data provider Qichacha.
Another thing that changed was the registered capital, which increased from $250 million to $320 million, according to information, which indicates that the change was completed on September 20.
XPeng Aeroht is a technology division mostly owned by Mr. He and previously known as HT Aero.
At the annual Tech Day event last October 24, the XPeng Aeroht sixth generation flying car concept was introduced. One of the features of this vehicle is that it can be driven on the ground like a normal car and fly in the air.
At the launch, Mr He said that his company aims to have the flying car in mass production by 2024, and its price is estimated to be under $138,000.
At the end of July, XPeng Aeroht’s pilot plant in Hualong town, Panyu district, Guangzhou, started operations. The factory covers an area of 35,000 square meters with two pilot production workshops, a power test center and a flying car test center. .
It will be used primarily for pre-production, process validation and performance testing of flying cars prior to mass production, and will also be used to support pre-production research and testing of other projects.
