Navee, a Chinese technology company, has introduced the WaveFly 5X, a unique passenger vehicle that glides just above the water's surface, reminiscent of the Soviet Union's Cold War-era ekranoplan, the Caspian Sea Monster. This innovative craft utilizes wing-in-ground-effect technology, allowing it to travel efficiently without the need for runways. The WaveFly 5X can accommodate two passengers, with a maximum weight limit of 140 kg, and can achieve speeds of up to 85 km/h while covering distances of 80 km on a single charge. It is designed for ease of use, operating more like a boat than an aircraft, which means no pilot's license is required. The vehicle is powered by swappable batteries, enabling quick recharging. Priced at nearly $100,000, the WaveFly 5X is currently available for pre-order. Navee, established in 2021 and backed by Dreame Technology, has gained recognition for its electric scooters, serving over one million customers in more than 60 markets worldwide.