Terrafugia Owner Moves Transition Flying Car Program to China
Automotive group Zhejiang Geely will now seek certification for the flying car through the Civil Aviation Administration of China.
Terrafugia’s parent company, Zhejiang Geely, has transferred work on its Transition flying car to China. The move, which happened barely a month after the FAA issued a light sport certificate of airworthiness for the vehicle, has resulted in up to 100 job losses at its U.S. operation in Woburn, Massachusetts.
A spokesman for Terrafugia confirmed to FutureFlight that the Geely group—which is a major automotive group that owns international car brands including Volvo and Lotus—now intends to seek certification by the Civil Aviation Administration of China. He said that Terrafugia will retain the U.S. operation with a reduced team focusing on “aviation-related business opportunities."
