Wenzhou Duofu Aviation Industry Group Co.
It was reported in September 2020 that Wenzhou Duofu Aviation Industry Group Co. (also referred to as "Doof") established a joint venture with the Australian Tianma International Group to develop and produce the eVTOL (electric vertical takeoff and landing) aircraft "Pegasus" referred to by the company as a "flying automobile". The company states that their aircraft is capable of converting from land to air navigation systems in only a matter of seconds, and is capable of operating in extreme driving conditions. The Pegasus will be sold directly to consumers and used for personal transport, but the company also notes the aircraft's potential for use in firefighting, law enforcement, and other civil uses. It is designed to fit in a standard parking space, further emphasizing the aircraft's potential for use in urban settings. The Pegasus is detailed on the Wenzhou Duofu Aviation Industry Group Co. website.