It’s a car, it’s a plane… it’s a Terrafugia Transition.
Terrafugia Inc. is debuting a different sort of hybrid — a flying car. The Transition Roadable Aircraft, as the vehicle is known, looks like a mini-car with fold-up wings and a rear propeller. It fits into a single-car garage, and is powered with regular unleaded gasoline.
Terrafugia is scouting out financial institutions to provide financing and insurance for the $194,000 aircraft-car.
Already, the Woburn, Mass.-based company has gotten 70 pre-orders for the Transition. It plans to deliver to its first customer next year.
Click here for a video of the Transition’s first flight.
Click here for an interview with Terrafugia CEO Carl Dietrich.