Technology

Lilium to launch a Chinese Legal Entity

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Lilium to launch a Chinese Legal Entity
Lilium, the developer of an all-electric vertical take-off and landing (eVTOL) aircraft, signed a collaboration agreement with the Shenzhen-based Bao’an district on June 10, 2024. “We are proud to welcome Lilium to Bao’an District as part of our shared mission to build the low altitude economy of the future,” said Yong Ni, a representative of the Bao’an District. “This valuable collaboration will create exciting new opportunities and support the development of the necessary infrastructure to bring sustainable regional aviation to Shenzhen.” Lilium is currently in the process of opening its regional headquarters in the Bao'an Low Altitude Economy Industry Public Service Centre and is the first European eVTOL manufacturer to base a regional office in the district. “China represents a huge opportunity for the eVTOL industry and this partnership with the Bao’an District will expand our footprint even further in China,” said Klaus Roewe, CEO of Lilium. “We believe the Lilium Jet is well placed to meet the demands of customers in China and across the region.  We are particularly grateful for the modern facilities provided by the Bao'an District in the Bao'an Low Altitude Economy Industry Public Service Centre, and for the holistic support they offer to encourage growth in the low altitude economy industry.” Production of the Lilium jet commenced late last year at the company’s headquarters near Munich, with the first piloted flight targeted for the end of 2024.