Geely may take over aerial taxi startup Volocopter
13 hours ago · The car manufacturer Geely is reportedly considering taking over the air taxi start-up from Bruchsal. As the news agency Bloomberg reports, citing insiders, Geely is said to be prepared to buy around 85 per cent of the shares in Volocopter for around 95 million US dollars. The family office of Gerhard Sturm, the founder of fan manufacturer EBM ...
China’s Geely in Talks for Control of Flying Taxi Startup Volocopter
Story by Christina Kyriasoglou, Mark Bergen and Linda Lew. • 1d. (Bloomberg) -- Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter Gmbh in a deal that ...
Volocopter: air cab start-up faces possible sale to China
7 hours ago · Andreas Knobloch. The Chinese car manufacturer Geely and the German company Volocopter GmbH are in advanced talks about a takeover. Such a deal could save the struggling air cab start-up based in ...
China’s Geely in Talks for Control of German Flying Taxi Startup
2 days ago · Startup once worth $1.9 billion cut to around $110 million. Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter Gmbh in a deal that would save the flying taxi startup from potential bankruptcy, according to people familiar with the talks. Zhejiang Geely Holding Group Co. has discussed taking a majority ...
Geely Moves To Take Control Of Volocopter Start-Up
3 days ago · The talks, now advanced, could potentially save Volocopter from looming bankruptcy, as confirmed by sources familiar with the discussions. The Zhejiang Geely Holding Group Co. is exploring plans to purchase a majority stake in Volocopter by leading a consortium meant to inject fresh capital—around $95 million—into the beleaguered company.
Volvo owner Geely mulls rescue of Volocopter flying taxi firm
1 day ago · Bloomberg News. November 13, 2024, 08:38 AM. Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter in a deal that would save the flying taxi startup from ...
Chinese EV firm swoops on German flying taxi start-up
2 days ago · Christina Kyriasoglou and Mark Bergen. Yesterday at 18:30. Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter in a deal that would save the flying taxi start ...
Europe's flying taxi dreams falter as cash runs short - BBC
5 hours ago · Now hopes are pinned on China's Geely, which is in talks to take an 85% stake in Volocopter in return for $95m of funding, according to a Bloomberg report. The deal could mean that any future ...
Volocopter and Geely Joint Venture Orders 150 Volocopter Aircraft
Sep 22, 2021 · Operating under Volocopter (Chengdu) Technology Co., LTD (Volocopter Chengdu), the JV has signed an agreement to purchase 150 Volocopter aircraft. Geely Holding Group's CEO, Daniel Li Donghui, has joined Volocopter's Advisory Board.
Volocopter and Geely Joint Venture Orders 150 Volocopter Aircraft
Sep 22, 2021 · CHENGDU, China and BRUCHSAL, Germany, Sept. 22, 2021 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), and Aerofugia, a subsidiary of China's innovation-driven group, Geely...