Australian Start-up Alauda Aeronautics is set to launch an Airspeeder competition, where flying cars will compete against each other next year. The electric vertical takeoff and landing (eVTOL) vehicles have already completed over 350 test flights and are powered by a one MW hydrogen turbo-generator and four wheel-like rotors that can be adjusted for vertical or horizontal flight. The Airspeeder Mark 4, the fourth-generation development of the vehicle, boasts an “artificial intelligence-powered gimbal thrust technology” that provides the precision of a Formula 1 car or fighter jet, making it maneuverable for racing.