The German electric flying taxi start-up Lilium has announced a $250 million capital increase. The young company says it needs around €226 million to last until the first crewed flight in the first half of next year.
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Californian battery developer Ionblox has closed a US$32 million Series B funding round, with Bavarian electric taxi startup Lilium also participating.
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The German electric air-taxi start-up Lilium has closed a financing round of 119 million US dollars. Participants in the investment round included existing shareholders, strategic partners, and new investors.
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Bavarian electric flight taxi startup Lilium has signed a preliminary agreement with Saudi Arabia’s Saudia airline to supply 100 units of its all-electric Lilium Jet. However, it is not yet a binding order.
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Zenlabs Energy has received $3.5 million from the US Advanced Battery Consortium (USABC) to co-fund a two-year project focusing on electrolyte and active materials in silicon-dominant anode cells. Jet maker Lilium has licensed the technology to power its zero-emission aircraft expected in 2025.
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Bavarian electric air taxi startup Lilium has entered into a partnership with Honeywell and Denso to jointly develop and produce the electric motor for the Lilium Jet, whose market launch has been postponed to 2025.
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The Bavarian electric aerial taxi start-up Lilium has postponed its planned market launch by one year. Instead of 2024, the electric vertical take-off is now expected to be approved in 2025 and thus begin commercial operation.
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Electric flight taxi developer Lilium has reached a memorandum of understanding on a far-reaching strategic partnership with business aviation company NetJets. This provides options for up to 150 Lilium aircraft for NetJets. In addition, NetJets wants to support Lilium in expanding its business in the USA and Europe.
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ABB has been hired to provide a megawatt fast-charging network for electric aerial taxi manufacturer Lilium. The ABB equipment will enable charging with direct current with a power of up to 1,000 kW and can also be used for heavy electric trucks and buses.
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The electric air taxi startup Lilium is merging with special purpose acquisition company Qell after shareholders have now voted in favour of the merger. The SPAC deal will see Lilium list on Nasdaq this Wednesday. However, Lilium’s proceeds from the IPO are much less than hoped for.
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The electric aerial taxi start-up Lilium says it is negotiating with the Brazilian airline Azul to sell 220 electric aircraft with a total value of one billion US dollars. It would be the company’s first order from Brazil.
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The electric air taxi start-up Lilium is relying on Customcells for the series production of battery cells for the seven-seater Lilium Jet. In future, the Porsche partner will be one of the main suppliers to make the existing Lilium battery technology ready for series production and produce it at its plant in Tübingen.
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The electric air taxi startup Lilium is short of cash. According to the German magazine Welt am Sonntag, the company has amended its 2019 balance sheet to state that its continued existence is at risk.
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Longtime aviation executive and former Airbus CEO Tom Enders joins the board of directors of eVTOL startup Lilium. The company is developing an electric jet with five seats. Series production is expected to start in 2025.
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The German flying e-taxi startup Lilium has just announced its expansion into the USA. By 2025, the first hub for electric air mobility is to be built in Orlando in the US state of Florida. This will connect the region around Orlando itself with Miami in the south and Jacksonville in the north of Florida.
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The Bavarian electric aircraft company Lilium has closed a financing round for more than 240 million dollars. The Chinese internet giant Tencent led the round. Other previous investors including Atomico, Freigeist and LGT also participated.
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The Munich-based German startup Lilium has published new images of its all-electric Lilium jet on the occasion of the now completed first phase of flight tests. The vertical take-off aircraft (VTOL) now flies increasingly complex manoeuvres at speeds over 100 km/h. The new Lilium Jets are now available in a variety of different models.
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The startup Lilium from Munich wants to establish a “first-class software team” in London. Hundreds of high-end software jobs are to be created in the British capital. For the project, Lilium is getting some prominent managers on board.
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Lilium has presented their new electrically powered flying taxi prototype for the first time, which is designed to carry five passengers. At the beginning of May, the team also completed its maiden flight with the new aircraft.
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Lilium, the startup that wants to launch a fleet of flying electric cars in cities across the globe by 2025, is awaiting safety approval in Europe and the USA. Meanwhile, the Munich-based company will be joined by Christopher Delbrueck as its first CFO.
Read moreApple confirms autonomous car plans: In a letter to U.S. transport regulators, the tech firm for the first time acknowledged that it is working on self-driving technology. It urged the National Highway Traffic Safety Administration (NHTSA) to not introduce too many regulations on the testing of the technology and proposed that companies share data from i.e. crashes to make the autonomous driving even safer.
bbc.com, arstechnica.com
New e-tractor in town: John Deere unveiled a prototype of its new electric tractor SESAM (Sustainable Energy Supply for Agricultural Machinery). The machine features two electric motors with 150 kW each and a 130 kWh battery pack. The tractor is said to require less maintenance and last longer than its diesel equivalent.
electrek.co, youtube.com (video)
Cash injection: Skype co-founder Niklas Zennström has invested 100m dollars in Munich-based start-up Lilium. The latter is working on a two-seater electric jet (we reported), ready to take flight by 2018. Range is estimated at 500 km while the jet’s top speed is set at 400 kph.
businessinsider.de
Optimising inductive charging: WiTricity has presented its new Tunable Matching Network (TMN), said to automatically optimise energy transfer between the ground and vehicle using a wireless charging system. It could therefore “correct” real-world operating conditions, such as parking misalignment, different vehicle ground clearance or battery voltage conditions.
businesswire.com, greencarcongress.com
Shared EV platform: PSA and Dongfeng officially agreed to jointly build a platform for electric cars. The e-CMP, based on the common modular platform, will be the base for compact and subcompact electric cars for the Peugeot, Citroen, DS, and Dongfeng brands.
autonews.com, businesswire.com
Electric VTOL: ESA is backing Lilium, a Munich-based start-up intending to launch an electric jet by 2018. The two-seater shall start and land vertically, while flying at speeds of up to 400 kph. In cruising mode, range is given at 500 km and batteries are said to charge via a household socket.
siliconrepublic.com, inverse.com, esa.int
Panasonic increased its investment in the Tesla Gigafactory by 35 percent this last quarter. With 64m dollars, the Japanese paid more in Q1 2016, than they have since the start of the project. It is a good indicator that production of battery cells is about to start very soon.
electrek.co
3D car printing: Siemens partners with Local Motors to advance large scale 3D printing of cars. Siemens’ Product Lifecycle Management (PLM) software, which creates digital twins, will be combined with Local Motors’ experience in a process called Direct Digital Manufacturing (DDM).
siemens.com
