SMRTR TechOct 25, 2024The Verge

Air taxis: the latest on the flying electric cars bringing the Jetsons dream to life

SMRTR summary

German air taxi manufacturer Lilium has run out of money and will cease operations, filing for insolvency. This development comes two years before Lilium's promised delivery of its first two electric vertical takeoff and landing (eVTOL) aircraft to customers in 2026, halting progress on aircraft assembly and certification efforts.

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