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A century after Henry Ford’s vision, air vehicles may soon be operational
UK investment manager’s 4 per cent stake values German aviation company at more than $1bn
Funds will be used to prepare for production of a five-seater electric aircraft
Electric aircraft have better uses than carrying small groups of passengers across cities
Plans come after Lilium reveals all-electric prototype which takes off and land vertically
A commercial air taxi service will require better batteries
German group aims to launch urban transport service as early as 2025
German group Lilium aims to launch city transport service as early as 2025
German startup aims to rise above what is expected to be a lucrative if crowded market
International Edition