Boeing and Porsche are developing an electric 'flying car'

Boeing has teamed up with luxury sports carmaker Porsche to develop a concept for an electric vehicle capable of vertical takeoff and landing (VTOL) -- in other words, they're working on a "flying car." The companies' engineers will even collaborate to build and test a prototype based on the design they'll come up with, which will most likely be a premium VTOL model to stay true to Porsche's brand. (www.engadget.com) More...