Watch - the first flying bike for sale in Japan.. and this is its price

On October 27, 2021, Japanese company ALI Technologies launched a flying bike worth $680,000, the BBC website revealed.

The Japanese company launched its Xturismo bike, which can fly for 40 minutes, at a speed of up to 100 kilometers per hour on a single electric charge.

The company aims to manufacture 200 flying bikes by mid-2022.

"Until now, the choice has been to move on the ground or fly in the sky at a great height," said the company's CEO, Daisuke Katano.

He added that the company hopes "to present a new method of locomotion (flying close to the ground)".

Katano hopes rescue teams will use his company's new bicycles to reach inaccessible areas, but current laws prohibit flying bicycles from flying over Japan's busy roads.

While Ben Gardner, of Britain's Pinsent Masons, emphasized that (flying) vehicles that once seemed like a distant future, are becoming increasingly tangible every year.

"Ultimately, there is scope for us to see flying vehicles spread across Britain," he said.