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Boeing and Porsche team up to develop flying electric car
The US aircraft giant and German sports car maker announced Thursday they are teaming up to "explore the premium urban air mobility market and the extension of urban traffic into airspace," through "a fully electric vertical takeoff and landing vehicle."
Translation: They want to develop an electric vehicle that can fly.
The announcement did not include any details about the amount of money or other resources the two companies plan to invest in the effort, or a target date or price range.
Read more and listen the story on cnn.com