Terrafugia
About
Terrafugia is a pioneering company in the flying car industry, founded in 2006 by MIT graduates and based in Woburn, Massachusetts. The company focuses on designing and manufacturing hybrid-electric and all-electric vertical takeoff and landing (VTOL) roadable passenger aircraft. Terrafugia aims to provide innovative transportation solutions that combine flying capabilities with roadworthiness. The company's notable products include the Terrafugia Transition, the world's first practical flying car, which can convert from a car to an airplane. Another key product is the Terrafugia TF-X, a four-seat VTOL plug-in hybrid-electric flying car designed for vertical takeoff and landing. Terrafugia's acquisition by Zhejiang Geely Holding Group in 2017 has positioned it to expand its reach and influence in the global market for advanced transportation solutions.