First 'flying cars' to be built in Massachusetts

WOBURN (FOX 25 / MyFoxBoston.com) - Production of the world's first "flying car" will be taking off from Massachusetts.

Terrafugia Inc. announced Wednesday that it plans to begin low-volume production of the company's Transition Roadable Aircraft at 19,000-square-foot facility in Woburn.

The company ’ which is headquartered in Woburn ’ said it considered several other locations around the U.S. and the world for initial production, which could begin by late next year.

Terrafugia says plans for long-term high volume production have yet to be determined.

The car-plane has wings that unfold for flying and fold back up for driving on normal roadways.

The vehicle is expected to cost between $200,000 and $250,000.