German air taxi firm Volocopter eyes China expansion with Geely venture

Source: South China Morning PostGerman “urban air mobility” developer Volocopter has agreed to form a venture with Chinese shareholder Zhejiang Geely Holding Group, setting the stage for the launch of air taxis in China.The company aims to marry its electric vertical take-off and landing technology with Geely’s mass production capabilities to “create a scalable business model for production and operations”.“Geely will be our operating partner, doing sales and operations with us in China,” said Christian Bauer, the company’s…Read More

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