Production of the world’s first “flying car” will be taking off from Massachusetts.
Terrafugia Inc. announced Wednesday that it plans to begin low-volume production of the company’s Transition Roadable Aircraft at 19,000-square-foot facility in Woburn.
The company – which is headquartered in Woburn – said it considered several other locations around the U.S. and the world for initial production, which could begin by late next year.
Terrafugia says plans for long-term high volume production have yet to be determined.
The car-plane has wings that unfold for flying and fold back up for driving on normal roadways.
The vehicle is expected to cost between $200,000 and $250,000.