Geely will be Joining the League of Players in Urban Air Mobility
Flying Car Startup Terrafugia just got Acquired by Volvo Owner Geely
SANTA CLARA, California, November 16, 2017 /PRNewswire/ —
This week flying car start up Terrafugia was acquired by Chinese automotive group Geely. Founded in 2006, the company was one of the first to focus on flying cars and the acquisition now provides the company access to global markets.
Terrafugia Cofounder and CTO Dr Carl Dietrich opened the event covering their vision and innovation which is helping to make flying cars a reality, with first product expected to be available in 2019.
Terrafugia (ter-ra-FOO-jee-ah) is derived from the Latin for “Escape the Earth”. We’re Driven to Fly.™
Terrafugia showcased it’s flying car at the recent IDTechEx Show!.
Over 3,500 people were expected to attend the IDTechEx Show! The event featured 253 exhibitors showcasing technologies including the latest innovations in sensors, energy storage, energy harvesting, electric vehicles, IoT, printed electronics, 3D printing and materials.