Air vehicle, a hybrid airplane car, is powered by a BMW engine and runs on regular gasoline. Professor Stephan Klein, the project's developer, claimed it could fly 1,000 kilometers (621.37 miles) at an altitude of 8,200 feet (2.5 kilometers) and had flown for a few hours.
The transition from a car to a plane takes two minutes and 15 seconds. The car's small wings fold up along the sides. Upon his arrival, Professor Klein took it off the track and drove him directly into town, under the watchful eye of guest reporters.
He described the early Thursday experience as “normal” and “nice,” noting that the vehicle attained a cruising speed of 170 km/h and that it can carry two persons with a combined weight limit of 200 kg (31 lb).
However, unlike drone taxi prototypes, it is unable to take off and land vertically, necessitating the use of a runway.
The young flying automobile market, which has long been touted in popular culture as a visionary milestone of the future, has high hopes. Morgan Stanley, a consulting firm, anticipated that the sector would be valued 1.5 billion dollars (1 trillion euros) by 2040.
Hyundai Motors Europe Chief Executive Officer Michael Cole described the concept as “part of our future” at an industry event on Thursday, September 30, 2021. It is seen as a possible solution to the strain on existing transportation infrastructure.
Klein Vision, the company behind the Air vehicle, claims that the prototype took roughly two years to develop It has required investments of less than 2 million Euros (14, 03303 5 million Ghana cedis). According to Anton Zajac, a Klein Vision adviser and investor, the company would be immensely profitable if it could capture even a small percentage of worldwide airline or taxi revenues.
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