The National Highway Traffic Safety Administration has cleared the Transition, a flying car developed by Terrafugia, for being driven on roads. The Transition passed US Federal Aviation Administration rules last year so it is certified to fly as light sports aircraft. This makes the Transition the first fully certified flying car on the market.
Instead of glass for the windshield, the Transition has used polycarbonate materials in order to make it lighter in weight and so it can't shatter. It also required heavier tires than regular cars so that they could withstand the impact of landing. The Transition can cruise at speeds of 200km/hr and has a range of 700km before needing to land and refuel. The average fuel consumption is 7.8L/100km on the road.
You can expect to see this flying car hit the market in late 2012. There are already 100 orders taken so far and the price should be around $250 000.

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