The BBC reports that:
The OneCAT will be a five-seater with a glass fibre body, weighing just 350kg and could cost just over £2,500.
It also reports that while a 'breakthrough' has been talked about for over a decade, the inventor, Guy Negre has recently struck his first manufacturing deal with Tata in India to produce the car.
What is interesting beyond simply the idea and technology, is that Guy Negre is trying to build sustainability into the business model by encouraging local production and sourcing of materials.
Overall a very interesting concept and one which sounds like it's well positioned to become a commercial reality.
More info:
http://www.theaircar.com/acf/index.html
http://en.wikipedia.org/wiki/Air_car
http://www.youtube.com/watch?v=QmqpGZv0YT4
http://business.theage.com.au/air-car-to-call-melbourne-home/20071202-1ee6.html (especially relevant for me being a Melbournian, great news! :))
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