GAC Motors has announced it will sell a flying car, the GOVY AirCab, starting next year (“mass production by end-2026”) from a price point of $234,000. The company subsequently added that it had received almost 1,000 orders in the first 24 hours. Its batteries are to have a 25-minute charge duration and the fuselage is to be over 90% made of carbon fiber composite, with an unspecified range. The Govy Airjet eVTOL Several other Chinese companies have stated they will conduct electric vertical take-off and landing aircraft (eVTOL) test flights by the end of this year, and this new “low-altitude economy” market segment has policy support from the government, but like helicopters will be something of a luxury. The true…