The world's first flying bike made its debut in the United States this week.
Made by Japanese startup AERWINS Technologies, the XTURISMO hoverbike drew sharp comparisons to the bikes of the popular Star Wars. The XTURISMO hoverbike can fly for 40 minutes with a speed limit of up to 100 kph (62 miles per hour).
The manufacturers have plans to launch the model next year. In Japan, the flying bike is already on sale. According to the founder and CEO of AERWINS, Shuhei Komatsu, the company is planning to sell a smaller version in the US in 2023.
This is the world's first flying bike. The XTURISMO hoverbike is capable of flying for 40 minutes and can reach speeds of up to 62 mph pic.twitter.com/ZPZSHJsmZm— Reuters (@Reuters) September 16, 2022
This hoverbike comes with a huge price of $777,000. However, AERWINS founder said that the company is trying to cut down the cost to $50,000 for a smaller, electric model but it will take 2-3 years and will be ready by 2025.
Co-chair of the Detroit Auto Show, Thad Szott, who took the bike for a test flight, said that the experience of riding a hoverbike was “comfortable” and "exhilarating" and felt like it was something straight out of a sci-fi movie. "I feel like I'm literally 15 years old and I just got out of 'Star Wars' and jumped on their bike," said Thad Szott.
Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.
On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The price of gold increased by thousands of rupees due to an upward trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.
Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.
Globally, gold prices hover at around $2072, gaining $32 on Sunday.
|Lahore||PKR 219,800||PKR 2,730|
|Karachi||PKR 219,800||PKR 2,730|
|Islamabad||PKR 219,800||PKR 2,730|
|Peshawar||PKR 219,800||PKR 2,730|
|Quetta||PKR 219,800||PKR 2,730|
|Sialkot||PKR 219,800||PKR 2,730|
|Attock||PKR 219,800||PKR 2,730|
|Gujranwala||PKR 219,800||PKR 2,730|
|Jehlum||PKR 219,800||PKR 2,730|
|Multan||PKR 219,800||PKR 2,730|
|Bahawalpur||PKR 219,800||PKR 2,730|
|Gujrat||PKR 219,800||PKR 2,730|
|Nawabshah||PKR 219,800||PKR 2,730|
|Chakwal||PKR 219,800||PKR 2,730|
|Hyderabad||PKR 219,800||PKR 2,730|
|Nowshehra||PKR 219,800||PKR 2,730|
|Sargodha||PKR 219,800||PKR 2,730|
|Faisalabad||PKR 219,800||PKR 2,730|
|Mirpur||PKR 219,800||PKR 2,730|