FutureFlight
New Joint Venture Will Take 150 of Volocopter's eVTOL Aircraft for China Market
The German company and its strategic investor Geely are forming the Volocopter Chengdu joint venture to make and operate eVTOL aircraft in China within three to five years.
Volocopter Chengdu
Volocopter and Chinese automotive group Geely have formed a new Chengdu-based joint venture to launch eVTOL aircraft manufacturing and operations in China. (Photo: Volocopter)

Chinese automotive group Geely is forming a joint venture between its Aerofugia subsidiary and German eVTOL developer Volocopter to launch urban air mobility (UAM) services in China. Under the agreement announced on September 22, the new Volocopter Chengdu company will buy 150 of Volocopter’s aircraft and will operate these itself.

The joint venture is based in Chengdu in the Western province of Sichuan. A new facility operated by Volocopter Chengdu and Geely Technology’s General Aviation Manufacturing Base will manufacture Volocopter’s family of all-electric eVTOL aircraft and parts for the Chinese market.