Chinese Tesla competitor unveils plans for flying car

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Xpeng released designs of the flying car, pictured, taking flight above The Alps. Xpeng /Xpeng

Xpeng /Xpeng

Chinese electric vehicle company Xpeng has unveiled designs of what could be the world’s first flying car.

More than 500 companies are reportedly working on similarly designed vehicles, and roughly two-dozen are already in testing phases. Xpeng, considered to be a rival to the U.S. brand Tesla, shared designs of the full-electric vertical take-off and landing (eVToL) flying car at its fourth annual Tech Day in

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