The world’s first flying car has completed its test flight (see video below) and will be unveiled at the New York Auto Show this week.
The flying car — dubbed the Transition — was developed by Terrafugia Inc., a Woburn, Mass-based company. The vehicle has two seats, four wheels and wings that fold up so it can be driven like a car. It can reach around 70 miles per hour on the road and 115 in the air, using a 23-gallon tank of gas that burns 5 gallons per hour in the air, and gets around 35 miles per gallon on the ground. During the test flight on March 23, 2012, it flew for eight minutes at 1,400 feet.
About 100 people have already put down a $10,000 deposit for the Transition, which is expected to sell for $279,000.
Watch the Transition flying car video below.
More information about the Transition flying car at terrafugia.com