Japan startup says car lovers should check out this $ 700K Hoverbike

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Japanese startup, backed by footballer Keisuke Honda, hopes to convince wealthy customers to exchange their supercar for the 77.7 million yen ($ 680,000) hoverbike sold Tuesday.

The XTurismo Limited Edition of Tokyo-based drone startup ALI Technologies features conventional engines and four battery powered motors and promises to fly up to 100 kph (62 mph) in 40 minutes.

“Up until now the choice was to move on the ground or in the sky on a scale. We hope to offer a new way of movement, ”chief executive Daisuke Katano told lbl.

The black and red hoverbike propellers have a motorcycle-like body on top. Standing on landing skids while the machine is stationary.

Startup, backed by industry heavyweights Mitsubishi Electric and Kyocera, showcased the bike with a short flight just a few meters off the ground at the race track near Mount Fuji.

Keisuke Honda says the Japanese startup’s Hoverbike can be used for emergency first aid transportation.
ANP Sport by Getty Images

Katano said in the near term its use would be restricted to such sites and would not be allowed to fly on Japan’s crowded roads. But rescue teams can use the bike to reach places that are difficult to access, he said.

Strict regulations in Japan, driven by safety concerns, have spurred growth in sectors such as ride-sharing. Pending rule changes could expand the bike’s potential applications, Katano said.

Startups are flowing from California-based Joby Aviation to Israel’s AIR, promising to launch an era of personal air transport, from jetpacks to flying taxis.

The commercial success for ALI Technologies helps its suppliers strengthen Japan’s industrial edge amidst a generational shift towards new technology such as engine manufacturer Kawasaki Heavy, Autonomous and Electric Vehicles.

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