An air taxi by German company Volocopter in Singapore. Li said in the statement that the investment reflected how Geely is transitioning to become a mobility technology group, investing in and developing a wide range of next-generation technologies. — Reuters
BEIJING: German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that it has raised €50mil (RM230.42mil) in fresh funding from the Chinese company and others.
Volocopter, which says it is building the world's first manned, electric and vertical takeoff air taxis, said in a statement on Sept 9 that the other investors in the new funding round include German luxury car maker Daimler, which it had previously raised money from.
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