Core Insights - The report by Morgan Stanley indicates that the next 20 years will witness rapid development in flying car technology, with the global market expected to surge from $300 billion in 2030 to $9 trillion by 2050 [1] Industry Overview - The flying car market, specifically electric vertical takeoff and landing vehicles (eVTOL), is projected to grow significantly due to increasing urban congestion, decreasing technology costs, and government policies supporting low-altitude airspace [1] Market Potential - By 2030, the global market size for flying cars is anticipated to exceed $300 billion, driven by various factors including urban traffic challenges and supportive regulations [1] - By 2050, as air traffic networks mature and the industry supply chain becomes more established, the market size is expected to expand to $9 trillion, which is several times larger than the current global electric vehicle market [1] Regional Insights - China is highlighted as a potential leader in the flying car market due to its vast urban low-altitude transportation needs and favorable policy environment [1] Company Developments - Major Chinese automotive companies, including Changan Automobile, Geely, and XPeng Motors, are actively entering the flying car sector, with notable project advancements reported [1] - Changan Automobile is collaborating with aviation firms to develop a manned eVTOL, aiming for test flights by 2025 and mass production by 2030 [1] - XPeng Motors has successfully completed the public debut flight of its flying car, the XPeng Huitian Traveler X3, and is pursuing international certification for its aircraft [1]