WATCH: XPeng Aeroht Successfully Tests Multi-Parachute Rescue System For Its Flying Car
Portfolio Pulse from Anan Ashraf
XPeng Aeroht, affiliated with Chinese EV manufacturer Xpeng Inc (NYSE:XPEV), has successfully tested a multi-parachute rescue system for its X2 flying car. The system activates at a height of about 50 meters above ground, enabling the vehicle to land safely at a low speed with no damage. XPeng Chairman He Xiaopeng has announced plans for mass production and customer deliveries of the X2 flying car by 2024.
October 21, 2023 | 8:33 am
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Xpeng Inc's affiliate, XPeng Aeroht, has successfully tested a multi-parachute rescue system for its X2 flying car. This could potentially boost the company's reputation for safety and innovation, possibly leading to increased investor interest.
The successful test of the multi-parachute rescue system for XPeng Aeroht's X2 flying car could be seen as a positive development for Xpeng Inc. This could potentially boost the company's reputation for safety and innovation, which could lead to increased investor interest and a positive impact on the company's stock price in the short term.
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