The Flying Car – Competition Before Launch

The flying car concept of the magical movie series of Harry Potter is no more magical and came in reality now it’s second company who started making flying car for avoiding traffic and covering more distance in less time period than general transportation systems.

On the 1st April, no it’s not the April Fool news but the company named as PAL-V One actually designed a flying car or say flying bike like model to make this market competitive where already a flying car company Terrafugia was booking for their first deliveries and surprisingly they have their 100 clients who already deposited $10,000.

Flying Car model by PAL-V One [VIDEO]

Companies making Flying Car

1. Terrafugia
2. PAL-V One (Personal Air and Land Vehicle)

Price of Flying Car

Terrafugia the first flying car maker is selling the same at the starting price of $279,000 and the second flying car company PAL-V One is selling their concept in $300,000 and above.

Competition in Flying Car Market

Due to price hike of air tickets by the commercial plane companies it was really a gap for filling and Terrafugia Inc. started thinking towards filling the same by offering these imaginations in reality where a common man can think of riding as well as flying his/her car just by having an approval from their government and moving towards runaway.

Yeah you red the right words these cars still not able to make you eligible in flying from traffic because your car will have to take some space like runway to run and then fly like jets and hence you still have to take it out on the runaway for flying to your destination at the average speed of 115 miles per hour burning 5 gallons of fuel per hour in the air.

Now it’s also not a monopoly anymore and hence it’s good news for customers who are really interested in flying this flying car  because these companies will make it large for better coverage in this new market.