Caixin
Jun 12, 2024 07:01 PM
BUSINESS

German Electric-Aircraft Maker Sets Up APAC Headquarters in Shenzhen

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What’s new: German electric vertical takeoff and landing (eVTOL) aircraft maker Lilium NV said that it has signed a deal establishing its APAC regional headquarters in Shenzhen, South China’s Guangdong province.

The regional headquarters, located in the Bao’an Low Altitude Economy Industry Public Service Center, will support Lilium in sales and services across China and the Asia-Pacific region, with local recruitment expected to begin this year, the company said in a statement on Monday.

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  • Lilium NV has established its APAC regional headquarters in Shenzhen, South China's Guangdong province, to support sales and services in China and the Asia-Pacific region.
  • The headquarters will also facilitate certification and validation processes, with China expected to comprise nearly 25% of the global eVTOL market.
  • Shenzhen is investing in developing a low-altitude economy, signing deals with other eVTOL startups and offering incentives to attract flying-car manufacturers.
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Who’s Who
Lilium NV
Lilium NV is a German eVTOL (electric vertical takeoff and landing) aircraft maker. The company recently signed a deal to establish its APAC regional headquarters in Shenzhen, South China’s Guangdong province, to support sales and services across China and the Asia-Pacific region. Additionally, Lilium will undertake certification and validation in China, which is expected to make up nearly 25% of the global eVTOL market.
EHang Holdings Ltd.
EHang Holdings Ltd. is a Chinese startup that has signed deals with Shenzhen's government to explore the use of its electric vertical takeoff and landing (eVTOL) aircraft locally. EHang is part of Shenzhen’s efforts to develop a low-altitude economy and become an urban air mobility hub by integrating flying vehicles into transportation, logistics, and tourism sectors.
Shanghai AutoFlight Co. Ltd.
Shanghai AutoFlight Co. Ltd. is a startup that has signed deals with the Shenzhen government to explore the use of their electric vertical takeoff and landing (eVTOL) aircraft locally. This is part of Shenzhen's efforts to become an urban air mobility hub, focusing on developing the low-altitude economy.
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What Happened When
Last July, 2023:
Shenzhen's government signed deals with startups EHang Holdings Ltd. and Shanghai AutoFlight Co. Ltd. to explore use of their eVTOLs locally.
Monday, June 10, 2024:
Lilium NV announced the establishment of its APAC regional headquarters in Shenzhen, South China’s Guangdong province. Local recruitment is expected to begin this year, 2024.
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