A major turning point in China’s quickly growing low-altitude economy was reached on June 12, 2025, when GAC Group unveiled the GOVY AirCab, a ground-breaking mass-produced flying car. The GOVY AirCab is only the first in a line of Chinese automakers vying for market share in this rapidly expanding industry, which is expected to reach an astounding 3.5 trillion yuan ($487.5 billion) by 2035.
With its unique multi-rotor design, the GOVY AirCab combines ground and aerial capabilities. With smooth dual-mode operation, the lower half functions as a traditional vehicle and the upper section as an aircraft. With a price tag of no more than 1.68 million yuan, the AirCab, which is intended for short-distance travel and sightseeing, is currently up for pre-order.
With its “land aircraft carrier” concept, XPeng Aeroht, a division of electric vehicle manufacturer XPeng, has also ventured into the flying car market. A ground vehicle and a detachable air module make up this hybrid vehicle. The all-electric air module can carry four or five passengers and has vertical takeoff and landing (VTOL) capabilities for effective low-altitude flights. The Civil Aviation Administration of China (CAAC) has already approved XPeng’s air module for production certification, and deliveries are anticipated by 2026.
With other companies like Geely’s Aerofugia and Chery also developing their designs, the development of electric vertical takeoff and landing aircraft (eVTOLs) is picking up speed. By 2030, China’s eVTOL fleet is expected to grow to over 100,000 units, demonstrating the enormous potential of the industry.
The flying car industry has advanced thanks to the Chinese government’s robust policy support, which includes directives for low-altitude infrastructure and industry cooperation. The combination of intelligent new energy vehicles (NEVs) and low-altitude aircraft is opening the door to a fully integrated, sustainable low-altitude economy as automakers continue to innovate. China is at the forefront of the rapidly evolving transportation industry.
