Terrafugia, a U.S. flying-car developer owned by Chinese automaker has begun taking orders for its first product.

Deliveries of the Transition, a two-seat aircraft that can switch between driving and flying modes in less than one minute, are to begin in 2019, Terrafugia said.

Initially the Transition will be sold only in the U.S. The company has yet to disclose pricing. – Automotive News Europe report

The Transition, with foldable wings, flies at 100 mph (160 kph) powered by a four-cylinder turbocharged gasoline engine. When on the ground the power comes from hybrid-electric powertrain.

Terrafugia plans to display the concept of its second product capable of vertical takeoff and landing this month and has said this model will reach market by 2025.

Terrafugia

Terrafugia/DriventoFly.com

Terrafugia is one of several companies pursuing flying-car technology.

At the Geneva auto show in March, Audi and Airbus demonstrated a mobility concept. Also Volocopter, a German startup backed by Intel and Daimler.