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, a German eVTOL manufacturer, is establishing its Asia-Pacific (APAC) headquarters in Shenzhen, China, through a new entity called Powerful Wing, in collaboration with the Bao'an District.
This strategic expansion aims to penetrate China's significant eVTOL market, which Lilium projects will constitute one-quarter of the global industry.
The new headquarters will manage Lilium Jet sales, services, and support, and foster partnerships to build an operational ecosystem primarily in China's Greater Bay Area and across the APAC region.
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.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
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.