In potentially another dramatic twist to Lilium's protracted collapse, rumours have surfaced of yet another last-ditch bid to ...

German electric aircraft manufacturer Lilium has filed for bankruptcy for the second time following a failed rescue attempt. The €200 million ($209.3 million) promised by an investor consortium ...

Lilium’s shares have plunged hard in the past few years, pushing its market cap to about $520 million. At its peak, it had a market cap of over $2.1 billion as demand for eVTOL companies rose.

Lilium Aerospace’s short-lived existence has ended in insolvency after the company failed to secure funding from its backers in time. Revealing on 21 February that it had reached the end of the ...

Lilium N.V. (NASDAQ:LILM) confirmed on Wednesday that the company is on track to make its first customer deliveries in 2026. The confirmation is based on a recent program review that considered ...

Once the leaders in a nascent market, German electric air taxi startups Lilium and Volocopter are clinging to diminishing hopes of financial rescue. The latter has joined the former in full insolvency ...

The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...

Lilium, a German developer of electric vertical takeoff and landing (eVTOL) jets, is shutting down. Lilium’s two core subsidiaries ran out of cash in October, forcing it to file for “self ...

The almost 1,000 employees of the insolvent electric aircraft manufacturer Lilium will probably not receive any insolvency ...

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EHang, JAC Motors and Guoxian Holdings will conduct joint research on the automation of aircraft production technologies and build a manufacturing base, all to accelerate low-altitude aviation ...