Geely backs German air taxi startup Volocopter

Volocopter is developing electrically powered air taxis that can take off and land vertically.

R

By:

Reuters

September 09, 2019 04:03 PM

FRANKFURT -- German air taxi startup Volocopter said on Monday it had raised 50 million euros ($55 million) in a round of funding led by China's Geely Holding as it seeks to begin operating the aircraft service within three years.

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