World's first Hoverbike is now available to the public for 5.1 crores

A Japanese startup, A.L.I. Technologies, has launched a hoverbike that looks direct out of a sci-fi movie. The drone startup is backed by the automotive corporate Mitsubishi and the football player Keisuke Honda and has been working on the project since 2017. It is the world's first hoverbike available for the public and is called the Xturismo Limited Edition. The hoverbike is available for sale since 26th October and is priced at 77.7 million yen (5.1 crore rupees). It can reach speeds up to 100km/h and hover for about 40 minutes on a single charge.

Even though the bike is too pricey and can only be afforded by the super-wealthy class, it signifies a change in the upcoming automotive sector when hoverbikes, drones, electric vehicles and autonomous driving would be normal. Many companies and startups around the world have built and showcased their concepts of hoverbikes, but none have successfully launched one before. This is a first for the world in both technology, and creating a market for itself.