Lilium Issues Dire Warning Over Need For Government Loan
Lilium’s financial struggles are reaching a crisis point as it strives to get to first flight of the Lilium Jet.
Credit: Lilium
Lilium has stepped up pressure on the German federal and Bavarian state governments to finalize guarantees for a €100 million ($110 million) loan from a German state development bank that is essential to keeping the electric air taxi developer afloat. If the German government does not approve the...
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