China’s Aerofugia Raises Funds For eVTOL
Aerofugia’s AE200 X1 full-scale technology demonstrator is the largest eVTOL yet to fly in China.
Credit: Aerofugia
Chinese advanced air mobility (AAM) startups continue to secure funding to support development of their vehicles, with Aerofugia—a subsidiary of carmaker Geely—raising more than 100 million yuan ($14 million) in a Series A funding round. The fund will be used for continued development of the AE200...
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