The invention belongs to the technical field of flying automobiles, in particular to a flying automobile with folding wings for vertical take-off and landing, which comprises a body, a folding wing, atail wing, a power system, a transmission mechanism and a landing gear. The power system is composed of a rotor duct system, a tail propeller and a pitch mechanism. The rotor duct system comprises four sets of coaxial dual rotor ducts. The invention solves the technical problems of long take-off and landing distance of flying vehicles, high requirements on take-off and landing sites, low liftingefficiency, high fuel consumption and insufficient stability of ducted rotor flying vehicles in the prior art. Higher lift acquisition rate, lower fuel consumption, higher reliability, higher safety,and lower cost.