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BUSINESS & TECH

Fly Your Car? ‘Oh Yeah,’ Says Tencent

By Yang Ge

Call it “The Jetsons Go to China.”

The unusual move is taking place in the 21st century, with the announcement that Chinese internet giant Tencent is investing in the German developer of a futuristic flying car for use by individual passengers.

Others in the $90 million funding round included private banking group LGT and funds associated with founders of internet communications giants Skype and Twitter. The latest round brings Lilium’s total fundraising to date to $100 million, according to an announcement from the Munich-based company.

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