Geely Takeover Accelerates Terrafugia eVTOL Plans

Credit: Transition: Terrafugia
Chinese carmaker Zhehjiang Geely Holding Group, the owner of Volvo and Lotus, has completed its acquisition of roadable-aircraft developer Terrafugia. With the backing of Geeley, Terrafugia plans to deliver its first Transition flying car in 2019 and now follow it in 2023 with the electric vertical...

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