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Nov 29, 2021SUBSCRIBE NOW

Xpeng-backed flying car startup raises $500 mln

HT Aero, a flying car startup backed by Chinese electric vehicle maker Xpeng Inc, said on Tuesday it has raised over $500 million in its latest funding round. The startup, founded in 2013 and previously called Xpeng Heitech, raised the new money from IDG Capital, 5Y Capital, Xpeng and others in this funding round, it said in a statement. HT Aero said it would use the funding
1 month ago|Beijing, China

BIAS COVERAGE DISTRIBUTION

5 of these news sources are bias rated
3 are CENTER
L 20%
C 60%
R 20%
South China Morning Post
Reuters
CNBC
TechCrunch
OAN
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Yahoo News
Yahoo News

Xpeng-backed flying car startup raises $500 million

HT Aero, a flying car startup backed by Chinese electric vehicle maker Xpeng Inc, said on Tuesday it has raised over $500 million in its latest funding round. The startup, founded in 2013 and previously called Xpeng Heitech, raised the new money from IDG Capital, 5Y Capital, Xpeng and others in this funding round, it said in a statement. HT Aero said it would use the funding to develop technologies and expand its workforce.

1 month ago|Los Angeles, United States
Reuters
ReutersC

China's EV sales expected to exceed 35% in 2025, Xpeng CEO says

BEIJING - New energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng Inc said at the Reuters Events Automotive Summit. China, the world's biggest auto market, is promoting NEVs, which includes battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to combat pollution and

1 month ago|United Kingdom
CNBC
CNBCC

Chinese EV maker Xpeng's flying car company raises over $500 million as it aims to roll out in 2024

HT Aero, Xpeng's flying car company, said it plans to launch a flying car model that can operate in the air as well as on roads.

1 month ago|United States
South China Morning Post
South China Morning PostL

Flying car start-up HT nails US$500 million in Asia’s biggest funding deal

HT Aero, a Chinese company that is developing flying cars, has raised US$500 million from a clutch of investors, the most for any urban air transport start-up in Asia.The Guangzhou-based firm, an affiliate of Xpeng Motors, said it is trying to get its vehicles certified as airworthy by regulators. Unlike many of its rivals who are aiming for corporate customers, HT said it will target individuals and hopes to launch its first flying car commerci…

1 month ago|Hong Kong
OAN
OANR

Xpeng-backed flying car startup raises $500 million

October 19, 2021BEIJING (Reuters) – HT Aero, a flying car startup backed by Chinese electric vehicle maker Xpeng Inc, said on Tuesday it has raised over $500 million in its latest funding round.The startup, founded in 2013 and previously called Xpeng Heitech, raised the new money from IDG Capital, 5Y Capital, Xpeng and others in this funding round, it said in a statement.HT Aero said it would use the funding to develop technologies and expan…

1 month ago|San Diego, United States
TechCrunch
TechCrunch C

Xpeng-backed urban air mobility company, HT Aero, raises $500M – TechCrunch

HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to acquire top-tier talent, advance R&D and “continue to gain airworthiness provision and cert…

1 month ago|United States
COVERAGE DETAILS

BIAS COVERAGE DISTRIBUTION

5 of these news sources are bias rated
3 are CENTER
L 20%
C 60%
R 20%
South China Morning Post
Reuters
CNBC
TechCrunch
OAN
Total News Sources6Leaning Left1 sourceLeaning Right1 sourceCenter3 sourcesLast Updated1 month ago
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