The hoverbike (hoverbike) equipped with a hybrid engine made by Kawasaki, is able to move with one passenger for 40 minutes at a speed of 80 km/h. The Japanese company AERWINS XTURISMO explained that the price was derived from the high development costs and dealing with difficult technological problems.
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The project collapsed after the company attempted to issue at a valuation of more than $600 million. Irvine’s Japanese division, ALI Technologies, was founded as a drone manufacturer in 2016. The company later expanded its business to hover motorcycles. The Ex Turismo model was launched in Detroit under the title “The World’s First Flying Motorcycle” last September, and was offered for sale to the public in October.