PAL-V is using the Geneva Motor Show to introduce what it is claiming to be the “world’s first flying car” in production guise.

Billed as a “historic breakthrough in the evolution of flying cars,” the PAL-V Liberty is a three-wheeled vehicle which can be transformed into a gyroplane / gyrocopter in about 5 to 10 minutes. The company didn’t release detailed specifications but confirmed the model uses two Rotax aircraft engines and has been designed to meet both vehicle and aircraft specifications in Europe as well as the United States.

Following its unveiling in Geneva, the Liberty will go through the last stage of the certification process which is compliance demonstration. The company expects this will be completed in 2019 and the model will then be fully certified.

The company’s flying car has been in development for at least ten years as PAL-V created a proof of concept back in 2008. The model underwent driving tests before starting flight testing in 2011.

In a statement, PAL-V CEO Robert Dingemanse said “The production model is the moment of truth” as “all certifications required for commercialization will be granted on the basis of this production model.” He added this is the “pivotal point that separates pioneers from dreamers.”

The entry-level Liberty Sport is expected to cost $399,000 and the company is accepting reservations for $2,500. However, customers who want to get a flying car as soon as possible will have to opt for the Liberty Pioneer Edition which is expected to carry a base price of $599,000. The model is slated to have exclusive exterior details as well as a handcrafted interior with “premium level materials.”

Article has been updated with live images from the Geneva Motor Show

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