Mercedes’ parent company is making a big investment in a flying taxi startup

here’s what we know

schedule
2017-08-11 | 14:43h
update
2018-01-15 | 22:36h
person
idea-events.com
domain
idea-events.com

Mercedes’ parent company is making a big investment in a flying taxi startup — here’s what we know

Posted August 11, 2017

German startup Volocopter recently secured €25 million ($30 million) investment in a funding round led by Daimler, the parent company of Mercedes-Benz.

Volocopter has designed an electric, flying taxi that will start shuttling passengers around Dubai as part of a five-year testing period with Dubai’s Road and Transport Authority. The tests will begin by the end of the year.

Here’s what you need to know about the Daimler-backed startup:

Volocopter, formerly eVolo, has been working on its Vertical Take-Off and Landing (VTOL) aircraft since 2011. Like the name suggests, the flying taxi can take-off vertically without needing a runway.

The aircraft, dubbed the Volocopter 2X, is the startup’s second-generation vehicle. It has been approved as an ultralight vehicle in Germany and can recharge in just 40 minutes using a DC fast charger.

Read the full article hereAMP

Advertisement

Tags: daimlerAMP, dubai taxiAMP, electric taxiAMP, flying taxiAMP, volocoperAMP
Recent Posts
Advertisement

Imprint
Responsible for the content:
idea-events.com
Privacy & Terms of Use:
idea-events.com
Mobile website via:
WordPress AMP Plugin
Last AMPHTML update:
27.04.2024 - 19:01:18
Privacy-Data & cookie usage: