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Geely Automobile Plans Electric VTOL Airplane Production in China

September 24, 2021
Source: africapulse.com africapulse.com
News Snapshot:
[Geely Automobile Plans Electric VTOL Airplane Production in China] Moving around the airspace of urban centers, traveling in a small electric aircraft, may soon no longer be just science fiction. A new joint venture aims to make this a reality in China. According to a joint venture agreement inked with a German start-up developer of electric aerial taxis, Volocopter GmbH, the Chinese auto manufacturer Geely Automobile Holdings Limited ( [GELYF](/stock/GELYF/summary) , [Financial](/financials/GELYF) ) ( [GELYY](/stock/GELYY/summary) , [Financial](/financials/GELYY) ) ( [HKSE:00175](/stock/HKSE:00175/summary) , [Financial](/financials/HKSE:00175) ) will produce 150 electric vertical take-off and landing (eVTOL) airplanes and components in one of its manufacturing...
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