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 vehicle that can actually fly and drive. More…