It seems like the Zhejian Geely Group don’t understand what a break means and with no intentions of slowing down in their acquisition quest – leaving us at the edge of our seats, wondering what they could be up to next.
Their latest acquisition? A US-based flying car developer, Terrafugia, with the hopes of accelerating the inevitable reality of a flying car. Reports by CarAdvice stated that Geely has committed to investing substantially in Terrafugia as they aim to introduce to the market its flying car by as early as 2019, followed by the world’s first vertical take-off and landing (VTOL) flying car by 2025.
Terrafugia is masterminding the TF-X, a fully-electric flying car concept with a range of 800 km and a cruising speed of 320 km/h. It will be able to take off and land vertically and would supposedly fit in standard parking spaces and garages. As Terrafugia claims, flying the TF-X would require less training than that of an actual pilot – no matter, the TF-X comes with a safety cage and even airbags!