Lilium CEO Klaus Roewe (left) and Yong Ni, a representative of Shenzhen’s Bao’an District, agree to establish Lilium’s regional office. [Courtesy: Lilium]
Key Takeaways:
Lilium, the German eVTOL manufacturer, is establishing its Asia-Pacific (APAC) headquarters in Shenzhen, China, through a new entity called Powerful Wing in partnership with the Bao’an District.
This strategic move aims to expand Lilium's footprint in the burgeoning Chinese eVTOL market, estimated to be a quarter of the global industry, by fostering local partnerships and managing sales and services for the Lilium Jet.
The expansion builds on previous agreements, including an order for 100 Lilium Jets from Heli-Eastern, and will initially focus on developing an operational network within China's Greater Bay Area.
Lilium, manufacturer of the electric vertical takeoff and landing (eVTOL) Lilium Jet, is heading East.
The German manufacturer on Monday signed a collaboration agreement with the Bao’an District of Shenzhen, China, one of the massive city’s nine subdivisions, to establish its Asia-Pacific region (APAC) headquarters through a new Chinese entity called Powerful Wing.
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Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.