Volvo’s parent company acquires flying car startup Ifeanyi Amadi July 5, 2017 Tech Geely the chinese who own Volvo has just acquired the startup behind the World’s most promising flying car. Known for the impressive vertical takeoff and landing vehicle called the “Transition”, Terrafugia is the company that’s come the closest to making flying cars a reality. Now, thanks to Geely’s deep pockets, it looks like we could soon be seeing winged Volvos soaring over the freeway. While there are other companies out there experimenting with the futuristic hybrid vehicle, Terrafugia is arguably the first to make a truly convincing prototype. Offering a far more sleek and polished vehicle than any of its competitors, Terrafugia’s Transition boasted a cruising range of 400 miles and a top speed of 100 MPH. As well as being fitted with a full-vehicle parachute to bring the car back onto roads, the Transition also uses advanced autonomous flight tech in order to stop its pilots from crashing. More crucially for Geely though, the Transition is one of the few hybrid vehicles to be approved by the General Aviation Administration, allowing the transforming car to be certified as a Light Sport Aircraft. This means that Terrafugia can create a road and air-legal vehicle that weighs up to 1,800 pounds – making the startup a valuable purchase for the China-based company. With AI that can read minds, increasingly convincing virtual reality and flying cars are all within reach, the science fiction of the 90’s is starting to look a lot like reality. Source: Engadget Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to print (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on Reddit (Opens in new window) Related Leave a Reply Cancel Reply Your email address will not be published.CommentName* Email* Website Notify me of follow-up comments by email. Notify me of new posts by email.