The world’s first commercial flying car was presented in Geneva this year. The flying car is called the Liberty and PAL-V, a UK-founded Dutch firm, says the car-planehelicopter-thing is a historic breakthrough in the evolution of flying cars. It's not exactly a jet fuel powered car but a three-wheeled flying contraption and the rotors do not go up automatically, rather, there's some manual labour involved. However, the transformation is a quick one and in just 5 to 10 minutes you're all set to take to the sky. The Liberty gets its flying power from a pair of Rotax aircraft engines and has been designed to comply with both road and air regulations in Europe and the U.S. On the road, the PAL-V liberty makes just 100 hp and can travel up to 161 km/h. in flight mode, it can hit a max speed of 180 km/h and has 200 hp. It can transport up to 2 people.