Core77 reports: [edited]
Alan Gibbs is an entrepreneur from New Zealand, and for years he's dreamed of mass-manufacturing an amphibious car. He knew it would work; he successfully built a one-off for himself, the Aquada, nearly two decades ago. But after setting up a company to mass produce them, he ran into problems ranging from engine supply to U.S. automobile laws.
So Gibbs changed tack. By creating a smaller, ATV-like vehicle not subject to automotive laws, his dream vehicle was realized, albeit at a slightly smaller scale.
His new product is called the Quadski, and it's going on sale later this year for $40,000.