Sunday, June 25, 2017 | ePaper

Dutch firm aims to deliver first flying car in 2018

  • Print
AFP, Raamsdonksveer :
From "The Jetsons" to "Chitty Chitty Bang Bang", flying cars have long captured the imagination.
While several futuristic projects are under way in different countries, a Dutch design may be the first one sold and soaring into the skies.
After years of testing, the PAL-V company aims to pip its competitors to the post. It is poised to start production on what they bill as a world first: a three-wheeled gyrocopter-type vehicle which can carry two people and will be certified for use on the roads and in the skies.
"This kind of dream has been around for 100 years now. When the first airplane was invented people already thought 'How can I make that driveable on the road?'," chief marketing officer Markus Hess told AFP.
The PAL-V (Personal Air and Land Vehicle) firm, based in Raamsdonksveer in the Netherlands, is aiming to deliver its first flying car to its first customer by the end of 2018.

More News For this Category

IPDC Finance Limited, recently announced the Eid Ucchash campaign winner's name. Parvin Mona (Rangpur) Faishal Ahamed (Barishal) Ziauddin Mortuza (Sylhet) Farhan Jawad (Mymensingh) Izaz Mahmood (Chittagong) Rafsun Rafique (Khulna) and Iftakharul Alam from Rajshahi districts were win the programme.

IPDC Finance Limited, recently announced the Eid Ucchash campaign winner's name. Parvin Mona (Rangpur) Faishal Ahamed (Barishal) Ziauddin Mortuza (Sylhet) Farhan Jawad (Mymensingh) Izaz Mahmood (Chittagong) Rafsun Rafique (Khulna) and Iftakharul Alam from Rajshahi districts were win the programme.

.

Sustainable revenue growth key to execution of budget 2017-18

Muhammad Mahboob Ali :The national budget for the upcoming fiscal year 2017-18, presented by Finance Minister AMA Muhith  at the Parliament targeted 7.4 percent GDP growth rate  and total

Bangladesh's export to China rises 23 pc

Economic Reporter :The country's merchandise export to China registered a robust 23.65 per cent growth during the first 11 months of the current fiscal year (FY17).The latest statistics, released

edotco to Acquire Tower Company in Pakistan

Economic Reporter :edotco Group Sdn Bhd ("edotco") through, edotco Pakistan (Private) Limited, announced it has entered into an agreement with Tower Share (Private) Limited ("TS PK") to acquire 100percent

Japan develops smart clothing

Business Desk :Demand for smart clothing is picking up in Japan, promising a potential new source of income for the industry. Asahi Kasei will develop smart clothes that can

Plastic goods makers seek VAT exemption

Economic Reporter :The country's plastic goods manufacturers and exporters requested the government to review some of the budget proposals, including withdrawal of VAT on crockeries, recycling and footwear made

RMG accessories makers demand 15pc corporate tax

Economic Reporter :Manufacturers of the country's garment accessories demanded 15 percent corporate tax for the next fiscal year 2017-18 to remain competitive in global market. Garment accessories are considered

Ali Reza Iftekhar Managing Director of EBL and Md. Nurul Islam, Chairman- Bangladesh, Nepal & Myanmar of Metlife, exchanging documents after signing an agreement titled

Ali Reza Iftekhar Managing Director of EBL and Md. Nurul Islam, Chairman- Bangladesh, Nepal & Myanmar of Metlife, exchanging documents after signing an agreement titled "EBL Salary Shield", a special insurance coverage plan for EBL Pay-roll banking customers in Dhaka recently. Senior management from both the companies were present on the occasion.

.

Taiwan`s Foxconn says Toshiba deal `not over`

AFP, New Taipei City :The head of Taiwan's tech giant Foxconn said Thursday its pursuit of Toshiba "is not yet over", a day after the Japanese firm announced it

Amazon to buy Whole Foods for $13.7 billion

Amazon to buy Whole Foods for $13.7 billion

Reuters :Amazon.com Inc said on Friday it would buy Whole Foods Market Inc for $13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end grocer into