https://www.cnet.com/roadshow/news/volvo-parent-geely-acquires-flying-car-startup-terrafugia/

There's still a whole lot of debate as to whether or not flying cars will even come into existence. But one automaker is so aligned with the idea that it's purchased a whole startup devoted to exactly that.

Geely, the Chinese company currently in charge of both Volvo and Lotus, has completed its acquisition of flying-car startup Terrafugia, the company announced in a press release Monday. Rumors of an acquisition appeared in July, and it's apparently taken until November to finish the process.