Published on 28 Mar 2024 on InvestorPlace via Yahoo Finance

3 Flying Car Stocks That Could Be Multibaggers in the Making: March Edition

Flying cars have been on the futurism menu since the late 19th century. Although small airplanes with short lift distances were available, a small-sized vertical take-off has been the ultimate goal. These flying car stocks are at the forefront of the UAM drive!

After Xpeng’s X2 flying car received flight certification from the Civil Aviation Administration of China in February, a psychological barrier dissipated. The X2 from Xpeng seems to point at electric vertical take-off and landing (eVTOL) as the dominant model. It’s capable of a 35 minute flight time with 80 mph top speed, both in autonomous and manual drive mode. But other companies have been working on their own flying car approaches.

Here are three flying car stocks with late-stage research and development in this exciting sector.