Geely — the Chinese company who owns Volvo — has just acquired the startup behind the world’s most promising flying car. Known for the impressive vertical takeoff and landing vehicle called the “Transition”, Terrafugia is the company that’s come the closest to making flying cars a reality. Now, thanks to Geely’s deep pockets, it looks like we could soon be seeing winged Volvos soaring over the freeway.
While there are other companies out there experimenting with the futuristic hybrid vehicle, Terrafugia is arguably the first to make a truly convincing prototype. Offering a far more sleek and polished vehicle than any of its competitors, Terrafugia’s Transition boasted a cruising range of 400 miles and a top speed of 100 MPH. As
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