Now, 'aeromobil' flying car with top speed of 124 mph on land

Washington: A flying car, dubbed as aeromobil, was recently unveiled at the 2014 Pioneers Festival in Vienna that can drive with a top speed of up to 124 mph or 200 km/h on land.

The version 3.0 of the swing-wing, six-meter-long steel and carbon-fiber flying car, which was designed and built in Slovakia, has a flight range of 543 miles or 875 kilometres, Techcrunch reported.

It can also take off inside 300 metres (ideally on grass) and land within 50 metres, making it highly flexible.

The makers stated that its largest potential market would not be Silicon Valley tech executives, but emerging countries in Africa and Asia where roads are poor or non-existent.