Flying Car Market Revs Up with Addition of Two New Players
May 1, 2017 The latest entry in the flying car sweepstakes is Kitty Hawk, a California startup bankrolled by Google co-founder Larry Page. The Flyer, a single-seater, propeller-powered one-person vehicle, will be available this year, the company said.
The company said that the vehicle, which runs solely on electricity, will be available for customers who also join the company's membership program. The joining fee is $100 and grants the bearer three years' worth of access to purchase whatever vehicles the company puts out. Other ultralight vehicles are in the works, the company said. The membership also grants the bearer a discount of $2,000 off the eventual purchase of the Flyer. The company has not set a price for sale. Also in the mix is another new entry, AeroMobil. The Slovakia-based company has started taking orders for its eponymous vehicle, which is a car-plane hybrid that is scheduled for first sales in 2020.
One of the forefunners in the market is Terrafugia, a U.S.-based company that also sports a foldable-wing car. Terrafugia has been around for more than a decade now and has unveiled several high-profile prototypes. The latest model, the Transition, will be able to fly up to 500 miles in a trip. The company expects to have their latest model ready for public consumption in 2023. |
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