China Daily (Hong Kong)

Geely unit, Volocopter in JV for aerial vehicles


German company Volocopter, a specialist in the manufactur­e of autonomous air vehicles, has teamed up with a second-tier subsidiary of Geely Holding Group to establish a joint venture — Volocopter (Chengdu) Technology Co Ltd or Volocopter Chengdu for short — in Chengdu, capital of Southwest China’s Sichuan province. Volocopter Chengdu will take charge of production and market operations of Volocopter products in the China market. It plans to help promote urban air mobility in the coming three to five years.

Newspapers in English

Newspapers from China