Sweeping changes to management come as Transition flying car nears production.
The new Chinese owners of Terrafugia have named a new CEO and CFO as the Transition flying car progresses toward certification and first deliveries.
Flying car company has inked a deal for office and hangar space at Boire Field Airport (KASH) in Nashua, New Hampshire.
Flying car company Terrafugia has unveiled new features for its Transition, including a hybrid electric motor, a boost feature for flying, and updated safety systems, including three rearview cameras in drive mode.
Terrafugia, which has been working on developing a flying car since 2006, has been acquired by the Zhejiang Geely Holding Group of China. Under the terms of the agreement, Terrafugia will remain headquartered in the United States and will continue to focus on its mission of developing the Transition, a flying car. Terrafugia aims to […]