US flying car maker eyes India, Brazil, China

Panaji. A company from the United States that is developing a flying car is eyeing the booming economies of India, Brazil and China as future markets, its co-founder said on Saturday, AFP reports.
About 100 people have already placed orders for the "combined flying-driving vehicle" the Transition, which has been priced at $279,000 and is scheduled for launch late next year, Massachusetts-based firm Terrafugia said.
It has a rear propeller for flying and is powered for both flight and on the road by unleaded petrol from regular service stations.
05/11/11 FocusInformation Agency

To Read the News in full at Source, Click the Headline

Categories: Foreign Nov 2011, New Nov 2011