(Original headline: Volvo parent Geely to buy flying-car startup Terrafugia, report says) Netease Technology News July 7 news Foreign media (CNET) quoted the South China Morning Post reported that the English version of the news, Volvo car parent Geely has agreed to acquire the flying car startup Terrafugia. Although the transaction amount has not been disclosed, the South China Morning Post reported that the acquisition negotiations started last year. Both Geely and Terrafugia did not immediately respond to requests for comment. Geely may think that flying cars will be profitable in the future, even though this technology is not yet mature. Taking into account the many problems faced by China's transportation, flying cars seem to be a good solution. Once in the future, Geely will enter the ranks of the forerunners and gain a huge first-mover advantage. Terrafugia was founded in 2006 by MIT's best-seller Carl Dietrich. The company initially hoped to deliver the first product in 2016, and this time was postponed. The company’s first product, called the “Transition,†sells for up to six digits and promises 400 miles of battery life at 100 mph. Another model, TF-X, is said to allow vertical take-off and landing. It seems that flying cars still have strong science fiction. The company that developed the flying cars frequently appeared. Terrafugia was probably the one that was closest to the delivery. However, the flying cars still have to face cumbersome regulatory review in order to get on the road. Uber is also studying flying cars and has produced a 99-page white paper describing its vertical take-off and landing electric vehicle. Uber flying cars are compact and require a special landing platform to operate. Uber said that if it is approved by the government, preliminary testing will be conducted in 2025. (Sun Wenwen) Phone Accessories,Smartphone Holder,Cell Phone Stand Holder,Adjustable Stand Holder Shaoxing Shangyu Kenuo Photographic Equipment Factory , https://www.kernelphoto.com
