Terrafugia, Vahana Report Progress »

Two very different “flying-car” projects, Terrafugia and Vahana, have reported major moves forward this week. Terrafugia, which has been working to certify a “roadable aircraft” with folding wings under the LSA rules, confirmed on Monday that it has become a fully owned subsidiary of Zhejiang Geely Holding Group, a Chinese conglomerate that also owns Volvo and focuses on the auto industry. Vahana, an Airbus project, said they have moved their full-scale prototype VTOL electric aircraft from Silicon Valley to Oregon to prep for flight testing. More

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