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RIO DE JANEIRO, BRAZIL - Boeing and Porsche have agreed to create the concept of an electric flying car, which will be capable of vertical take-offs and landings.

The two companies will develop the concept for a design, which will then result in the construction of a prototype by engineers from the two companies for testing.

"This cooperation builds on our efforts to forge a new and efficient mobility environment and will provide an opportunity to research the development of an air mobility vehicle with a leading automotive brand," said Boeing Vice President Steve Nordlund, according to Engadget . . .

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