“We are definitely burning through cash," he told the BBC. “But this is a good sign, because it means we are producing the ...

The German air cab start-up Volocopter is in financial difficulties. According to a report, the Chinese car company Geely is ...

Competitor Lilium has already had to file for insolvency - and Volocopter is also short of cash and could use some fresh ...

Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter Gmbh in a deal that would save the ...

Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter in a deal that would save the flying taxi start-up from potential bankruptcy, according to people familiar with ...

GEELY AUTO (00175.HK) opened 2.24% lower, bottoming at $13.28. It last printed at $13.64, down 4.62%, on a volume of 32.6512 ...

GEELY AUTO (00175.HK)’s parent company Zhejiang Geely Holding Group is in advanced talks with German air cab startup ...

Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter Gmbh in a deal that would save the ...

Its range and flight time, however, are quite limited at 18.6 miles (30km) and around 25 minutes. That range is comparable to ...

Volocopter retained the top slot in the latest edition of the AAM Reality Index, reflecting its position as the Western OEM ...

Air taxi vendor Joby and automotive OEM Toyota Motor Corp. have successfully completed Joby’s first international exhibition flight in Shizuoka, Japan. The flight, which took place at Toyota’s Higashi ...

A flying taxi slated for use at the 2024 Olympic Paris. Photo: Volocopter The administration in Binh Dinh Province, ...