Posted on 9/27/2021
Chengdu, China / Bruchsal, Germany, 22 September 2021 – Volocopter, the pioneer of urban air mobility (UAM), and Aerofugia, a subsidiary of China’s innovation-driven group, Geely Technology Group, announced the finalization of their joint venture (JV) company to introduce UAM in China. Operating under Volocopter (Chengdu) Technology Co., LTD (Volocopter Chengdu), the JV has signed an agreement to purchase 150 Volocopter aircraft.
Geely Holding Group’s CEO, Daniel Li Donghui, has joined Volocopter’s Advisory Board.
The JV, headquartered in Chengdu, will work closely with the aviation, transportation, and government agencies in Chengdu and other parts of mainland China to bring urban air mobility to China within the next three to five years. Chengdu is the capital of Sichuan Province and a signifi...