Chinese investors enthused about the Slovak flying car

The mass production of the car may start in three years.

The Slovak flying car, designed by the Klein Vision firm, impresses Chinese investors at the 2019 China International Import Expo in ShanghaiThe Slovak flying car, designed by the Klein Vision firm, impresses Chinese investors at the 2019 China International Import Expo in Shanghai(Source: TASR)

Investors in China expressed their interest in the flying car designed by Slovak Štefan Klein.

The prototype of the flying car, which could be mass-produced within three years, is only one of two Slovak representatives at this year’s China International Import Expo (CIIE), which began on November 5 in the Chinese city of Shanghai. The second is the Neodual company, the TASR newswire reported.

“Slovakia doesn’t have its own pavilion at the expo, but it does have a business mission of companies with innovative potential here,” Deputy Prime Minister for Investment and Informatisation Richard Raši (Smer) said, as quoted by TASR.

The event hosts more than 1,000 exhibitors from over 60 countries. The Slovak companies have a chance to make contacts with Chinese companies in Shanghai and then in Beijing, Raši added.

Related articleFlying car impressed China Read more 

A wild goose chase

The flying car is being showcased in Shanghai at the request of the Chinese. The Slovak firm behind the project, which has completed the first flight tests, has a number of meetings with Chinese investors scheduled for this week.

The Chinese market is indeed has a lot of potential, but it is a wild goose chase at the same time, Klein said.

“Look at the car industry 10 years ago: carmakers looked down at the Chinese market with disrespect, but they would be at a loss without that market today,” Klein said, as quoted by TASR, adding the same applies to the aerospace industry.

Related articleVisionary designer believed in his flying car from the very beginning Read more 

Get daily Slovak news directly to your inbox

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Parliament approves 13th pensions just days before the elections

President Zuzana Čaputová will decide on the pensions only after the elections.

An extraordinary session is held on February 25, 2020.

Ethnic Hungarians should not be divided into good and bad

The identity of Slovakia's Hungarians cannot be based on how they feel about Orbán.

Hungarian PM Viktor Orbán (centre) and his Slovak counterpart Peter Pellegrini (centre-left) during their visit at the transit zone for migrants in Röszke on the Hungarian-Serbian border.

Varoufakis: Kažimír was the worst, outschäubling Schäuble

I tried to facilitate an escape from debtors' prison but I failed, says the former Greek finance minister.

Yanis Varoufakis.

Police accused Bašternák of another crime

Charges pertain to a tax-related case linked to Bonaparte.

Ladislav Bašternák