Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
HT Aero unveiled its flying car, and it may be released to the market soon. The company is an affiliate of Xpeng, a Chinese electric vehicle maker, and the futuristic vehicle may be hitting the air space and roads in three years' time in 2024.
HT Aero debuted its new flying car that can also be driven on the road on Sunday, Oct. 24. According to CNBC, the vehicle features a lightweight body design, and it has a rotor that can be folded when needed.
Likewise, the foldable rotor will give owners the option for the mode of travel. If they prefer to fly, the rotors could be instantly expanded. The flying car maker also installed various safety features so that drivers can use their vehicles without worries. One of the features mentioned by the company is the parachutes.
HT Aero was able to raise $500 million just last week as high-profile firms have invested in its project. It was said that flying cars are also called the "electric vertical take-off and landing vehicles," and it has gained a lot of attention from both start-ups and established carmakers. Thus, it is no wonder that investors have flocked in to support the project.
At any rate, while there are plans to roll out the flying cars soon, it was noted that there are also some challenges for these types of vehicles, so their chance to be distributed on a wide-scale level is low for now. Aside from the safety issues, regulations for using them in public places are another thing to consider.
Bloomberg further reported that Xpeng also revealed more advanced technologies and products on top of the flying car during its "Tech Day." A prototype of a ridable robot horse was launched at the said event as well.
Finally, the company showcased its navigation-guided pilot too, and it was said that many users paid for this assisted-driving feature called XPILOT 3.0 that can be used on highways now. The sales from this technology boosted Xpeng's total revenue.
"Our exploration of more efficient, safer, carbon-neutral mobility solutions goes far beyond just smart EVs, and is the cornerstone of our long-term competitive advantages," Xpeng's chairman, He Xiaopeng, said in a statement during the Tech Day event on Sunday.
