Finance, Taxes, Insurance
France May Provide Funds for Lilium eVTOL Aircraft Production Line
The German company is in negotiations with French officials over subsidies and loan guarantees
Lilium's eVTOL aircraft
Germany-based Lilium may manufacture its six-person eVTOL aircraft in France.

Lilium is negotiating with the French government over possible subsidies and loan guarantees to support high-volume production facilities for its eVTOL aircraft. The German company confirmed that it is evaluating possible sites for the facility in France after the French government announced the initiative during the Choose France Summit in Versailles on Monday.

The news that the Bavaria-based company is considering production locations such as the Nouvelle-Aquitaine region in the west of France broke a couple of weeks after reports that German federal and state officials have failed to agree on loan guarantees for both Lilium and another eVTOL aircraft developer Volocopter.

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