DOT Exempts Maker of 'Flying Car' From Road Vehicle Safety Rules
Stirfry192 writes with news that Terrafugia, makers of a vehicle alternately called a 'flying car' or 'roadable aircraft,' have been granted a three-year exemption to federal motor vehicle safety rules in order to foster further development and innovation.
"The DOT granted the three-year 'hardship' exemption because it bought the argument from Terrafugia that its attempt to comply with DOT regulations at the same time as Federal Aviation Administration rules would be prohibitively expensive. Terrafugia had argued that an exemption would allow it more time to research more appropriate solutions to the requirements at the same time as making the flying car a feasible project. The company, an MIT spin-off located in Woburn, Mass. intends to use motor-cycle tires and rims instead of tires usually used for regular cars. The purpose is to minimize the weight of the craft."
I think this is really cool but it seems impractical. Aircraft are very expensive to maintain and you'll need a pilot certificate to fly this. It's probably cheaper to have a car and rent a plane (or, depending on the cost of this thing, just buy a used 172). The usable load is very low, as well (hopefully that 330lbs number is in addition to fuel).
I also look at this from the perspective of being a "dual-purpose" vehicle; most of which are mediocre. A common example might be a dual-sport motorcycle. It's not a great motorcycle and it's not a great dirtbike, but it can do both. Just from the looks (wings all folded up, blocking vision out of the rear windows, etc) this is not going to be a practical car. I guess we'll see how good of an airplane it will be. My question is, what problem does this solve? You drive to the airport, unfold the wings, then get out of the car and do your pre-flight? How is that different from getting out of your car and doing your pre-flight on your regular aircraft?
Either way, this seems like a neat invention. I think they'll have trouble selling 200 of these, especially if they are priced similarly to normal small aircraft, but it would be really cool to see this thing in person.
As others have pointed out, there are a lot of problems, both regulatory and practical, that make this a costly and difficult ventures. Save your money; buy something really practical, like a flying saucer that works only in ground effect.
I suspect that in general, the people who have the time and money to build kit/custom cars have the money to put up a bond to self-insure.
I doubt any auto maker is big enough to lock electric cars out of the market by controlling insurance companies. There will always be someone who is willing to insure electric cars if there are enough of them on the road to make it profitable. Worst case scenario would be the electric car manufacturer also being the insurer. It may be a headache for early adopters, but the market will work it out.