Head Topics

China’s Geely takes stake in German flying taxi firm Volocopter | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

China’s Geely takes stake in German flying taxi firm Volocopter

The Volocopter air taxi at the CeBIT computer fair in Hanover, northern Germany, in June last year. Small firms are in a race with established aircraft manufacturers like Airbus and Uber, to produce the first air taxis. – EPA pic, September 9, 2019.

GERMAN “flying taxi” developer Volocopter said today it had raised €50 million from investors including automaker Geely, risking a revived debate about Chinese investments in EU firms. “The new funds will be used towards bringing the VoloCity aircraft to commercial launch within the next three years,” Volocopter said in a statement.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What's new on The Malaysian Insight on 09/08/2019
Source: msianinsight - 🏆 8. / 63 Read more »

What's new on The Malaysian Insight on 09/09/2019
Source: msianinsight - 🏆 8. / 63 Read more »

Nadal takes 5-set US Open thriller for 19th Slam title | The Malaysian InsightHe screamed and fell to the court on his back after the epic showdown.
Source: msianinsight - 🏆 8. / 63 Read more »

Malaysia upbeat over fresh US-China trade talks | The Malaysian InsightAzmin Ali says the ongoing tariff war affects all, especially smaller economies.
Source: msianinsight - 🏆 8. / 63 Read more »

Malaysia harap rundingan AS-China beri hasil positif | The Malaysian InsightPerang perdagangan antara China-AS merugikan semua negara, terutama ekonomi kecil, kata Menteri Hal Ehwal Ekonomi Mohamed Azmin Ali.
Source: msianinsight - 🏆 8. / 63 Read more »

Didakwa beri MyKad kepada warga China, JPN lapor polis | The Malaysian InsightPolis akan menyiasat perkara ini dan juga individu yang menyebarkan berita palsu ini di Facebook, Twitter dan WhatsAspp, kata Pengarah JPN Ruslin Jusoh.
Source: msianinsight - 🏆 8. / 63 Read more »