Terrafugia Inc., a wholly-owned subsidiary of Zhejiang Geely Holding Group, has formed a partnership with China Euro Vehicle Technology AB (CEVT) to advance the developments and bring to market flying cars.
CEVT will lend its engineering capabilities and automotive experience to Terrafugia’s air mobility for both ground and air transportation.
The first vehicle CEVT will support is the Transition, the first flying car from Terrafugia. CEVT will help develop a clutch-box, advanced CAE analysis and high-tech safety systems for the vehicle.
CEVT was established by Geely Holding in 2013 as an engineering and development center for future vehicles for both Volvo Cars and Geely Auto Group.