KleinVision Sells AirCar Flying Car Technology To Chinese Companies

AirCar, a dual mode vehicle, which can reach an altitude of more than 8,000 feet and speeds of more than 100mph. (photo: x @kleinvision)

JAKARTA - KleinVision, the Slovakia-based developer from AirCar, is the world's first flying car to be certified and able to transform from land vehicles to aircraft in less than three minutes.

While the car has been certified to fly in Slovakia, the technology behind it has now been sold to a Chinese company, which KleinVision claims will accelerate progress towards mass flying car production.

This news came shortly after the British government announced that flying taxis would glide in the UK's skies by 2028.

AirCar Specifications:

Machine: Prototype 1 has a 140-horsepower propeller engine but Prototype 2 will be equipped with 300-horsepower engines.

Maximum speed: 300 km/h (186 mph)

Distance: 1,000 km (621 miles)

Price: Undisclosed

AirCar is a dual mode vehicle, which can reach an altitude of more than 8,000 feet and speeds of more than 100mph.

The car was certified to fly in Slovakia in 2022 after completing more than 200 takeoffs and landings for 70 hours of rigorous flight tests according to European Aviation Safety Agency (EASA) standards.

Now, the technology has been sold to Hebei Jianxin Flying Car Technology Company in an undisclosed amount.

The licensing agreement grants the Chinese company exclusive rights to manufacture and distribute flying cars using KleinVision technology in certain geographic areas - although the region was not disclosed specifically.

This partnership is an important step in our mission to expand global access to revolutionary mobility solutions and drive progress in the industry, said Anton Zajac, co-founder of KleinVision.

The company Hebei Jianxin Flying Car Technology Company is based in Cangzhou, and has built their own airports and flight schools.

According to Morgan Stanley, the global market for flying cars is expected to reach USD 1 trillion by 2040, before surging to USD 9 trillion by 2050.

China is scheduled to hold 23 percent of the market by 2050 - the second only after a share of 27 percent of the US.

Speaking to Nikkei, Guo Liang, CEO of China's flying car developer, Aerofucia, claims that China's flying car revolution will 'go beyond car electrification'.

The full commercialization of flying cars in China will begin in 2025 or 2026, Guo said.

While the price of flying cars is still unclear, Guo claims that they will quickly become more affordable than helicopters.

"As a new low-altitude mode of transportation, flying cars will offer a rate of a third or a fifth of the initial helicopter," Guo said. Prices may be a little expensive for average people, but costs will continue to fall.