Cheap, electric robotaxis might entice riders into taking trips they otherwise wouldn't take, resulting in an overall increase in emissions, according to a new study from MIT and Harvard researchers.

The startup will use the funds to expand its team, ramp up R&D, and scale up collaboration with automakers and fleets.

The electric vehicle will be able to fly in the air and drive on roads, Xpeng Heitech founder Zhao Deli told the World New Energy Vehicle Congress.

The EV maker's challenge, filed in June, had been set to face arguments before a judge on Wednesday in the U.S. Court of Federal Claims.