volvo parent company geely buys flying car firm terrafugia
 

volvo parent company geely buys flying car firm terrafugia

volvo‘s parent company geely has made the concept of a flying car a closer reality by buying flying car startup terrafugia. the company’s airplane ‘transition‘ – which was first approved last year by the general aviation administration – opens up new development for future hybrid vehicles.
volvo parent company buys flying-car firm terrafugia designboom 01
‘transition’

 

 

it is not yet stated how much the chinese firm geely has paid for terrafugia, however it is set to be a step-up towards this futuristic method of transport. at present ‘transition’ is deemed to be one of the most realistic prototypes in development. the car holds a cruising range of 400 miles and a top speed of 100 mph. the second car proposed by terrafugia is the ‘TF-X‘ which still uses folding wings but instead proposes a more advanced version of the previous model. now with geely purchasing the company, more funding will be poured into the project making home-to-sky take-off an even closer reality. 

volvo parent company buys flying-car firm terrafugia designboom 02
‘TF-X’

volvo parent company buys flying-car firm terrafugia designboom 03 volvo parent company geely buys flying car firm terrafugia volvo parent company geely buys flying car firm terrafugia volvo parent company geely buys flying car firm terrafugia volvo parent company geely buys flying car firm terrafugia

volvo parent company geely buys flying car firm terrafugia

volvo parent company geely buys flying car firm terrafugia

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