Terrafugia

Geely Buys Terrafugia & Takes To The Skies

OK, this is probably one of the easiest titles to pull off — “Geely buys Terrafugia and takes to the skies.” The consequences of one of the biggest carmakers in the world continuing its buying spree, this time with a vertical take-off and landing (VTOL) startup, are interesting and revealing. China is still very determined to build its transportation industry in order to better compete in the international arena.

Terrafugia Soars with Mass Interest at the NY Auto Show

They are at the entrance to the 2012 New York International Auto Show, their first auto show, with only one vehicle, but what a vehicle. Terrafugia is a Massachusetts company sure to become increasingly known as the people who make vehicles that can fly to more than 5000 public airports and then be driven home to a garage. Foul weather can ground the pilot of a light aircraft but with the “Transition” the sport pilot’s license gives way to a driver’s license and the journey continues. […]