FILE PHOTO: A full-size mock-up of an electrically powered Lilium Jet air taxi is seen in a presentation bay inside a hangar at the German company’s headquarters in Oberpfaffenhofen airport outside Munich, Germany, December 2, 2022. REUTERS/Tim Hepher/File Photo
FARNBOROUGH, England (Reuters) - Germany-based Lilium plans to begin studying possible air-taxi assembly sites in the U.S. later this year with a goal of having a plant up and running by early 2029 to get a foothold in the one of the world's largest markets, its CEO said.
Lilium plans to finalise the site next year and expects to invest "250 million to 300 million plus" euros ($271-$325 million) in the final assembly line and improving production, Klaus Roewe told Reuters.
