Electric Vehicles

Geely acquires US startup to try to bring flying car to market

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The term “flying car” is often misused to describe passenger drones, which are simply aircraft at their core, but the term is appropriate for Terrafugia, which makes vehicles that can both drive on roads and fly in the sky.

Now Geely, the Chinese automotive company behind Volvo, announced that it acquired the company in order to bring their technology to market. more…

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