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Bargain acquisition: Chinese company buys German Volocopter
Start-up specialized in air taxis eVtol, now bankrupt - VIDEO
In recent days, China's Zhejiang Wanfeng Auto Wheel has confirmed the acquisition of German start-up Volocopter, one of the most promising in the European eVtol (electric Vertical take-off and landing) sector, in a financial transaction valued at 10 million euros. The agreement, reached after the signing of an asset purchase contract on March 6, provides for the transaction to be entirely financed...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency