HT Aero, an urban air mobility (UAM) company affiliated with XPeng Motors, announced that it has received $500 million in Series A capital funding for electric vertical takeoff and landing (eVTOL) vehicles. According to the companies involved, this will be the largest single sum of fundraising in Asia’s low-altitude flying vehicle sector to date. Furthermore, HT Aero might also soon a deliver a…

Infant luxury EV brand ZEEKR has officially begun rolling the first production models of its flagship 001 sedan off its assembly line in China. The brand exists under the Geely Holding Group umbrella, and will now begin the first deliveries of its first luxury EV to customers in China this weekend. ZEEKR is a new luxury EV automotive brand initially announced this past March by Zhejiang Geely…