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Automotive Industry Trends - Dutch Flying Car Company Takes Off

The PAL-V is a solution to increasing congestion in cities, highways and skyways. (Image: PAL-V Europe) After many years pioneering with well-known parties such as the Dutch Aerospace Laboratory (NLR) creating a flying and driving vehicle, John Bakker formed a management team and recruited employees to start PAL-V Europe. Investors have been found to back the start-up, and currently initiatives are being taken towards securing more investors to speed up market launch. Bakker invested 6 years developing a vehicle concept that can fly and drive: PAL-V (Personal Air and Land Vehicle). A dream Henry Ford already had building the first car. This will be a revolution in door to door mobility soon. In countries with underdeveloped infrastructure it means safe, faster transportation but also in developed countries people save lots of time. The market response is huge: already 2 million website hits. Daily mails from people wanting to buy one. Professional applications like surveillance, mobili...