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News Link • Transportation: Air Travel

MIT spinout flying car company Terrafugia ---

• by brian wang

Zhejiang Geely Holding Group bought flying car company Terrafugia in 2017 and they are planning to bring commercially sell the first flying car in 2019, in the United States. Geely is also the parent company of Volvo.

They will bring the roadable plane that they have been flying for several years to market.

There are many companies trying to commercialize flying cars. Airbus and Uber are trying to make ride-sharing flying cars or flying taxis.

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