Carl Dietrich, MIT doctoral candidate in aeronautics and chief executive of Terrafugia, is working on a new hybrid car-plane concept based just like the one in the cartoon The Jetsons. The working prototype has been dubbed Transitions and will not be ready for about two years. This caroplane will use super-unleaded gasoline and have a cruising speed of 120 mph.

Source: http://business.bostonherald.com/businessNews

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