German air taxi developer Lilium Air Mobility , said on Thursday it had reached a maximum speed of 250 kilometres per hour with a technology demonstrator, calling it a key milestone on the way to ...

Mexico Mexico arrests 2 taxi drivers who beat, kicked German tourists at a club in Playa del Carmen Authorities say the taxi industry in Mexico has been subject to shakedowns and violence ...

Oct 24 (Reuters) - German air-taxi developer Lilium (5KD.F) said on Thursday two of its subsidiaries in the country have decided to file for insolvency following unsuccessful talks with state and ...

German taxi drivers took to the streets in cities nationwide on Wednesday, calling for stricter regulations for car-hire services such as Uber. Taxis paraded through the western cities of Dortmund ...

Overall, Mercedes’ share of the German taxi market shrank from a dominant 52 percent in 2019 to 38 percent in 2023. This year, the data suggests it will fall to just 13 percent, as more taxi ...

A German flying taxi start-up said on Friday it would halt operations after a deal to rescue it fell through, the latest turbulence to hit the sector. In December another German flying taxi start ...

German flying-taxi startup Volocopter GmbH said Monday it secured €50 million ($55.1 million) in a funding round led by Chinese car group Zhejiang Geely Holding Group as it aims to launch its ...

Lilium, a German startup that’s making an all-electric vertical takeoff and landing passenger jet, is in talks to go public through a merger with Qell Acquisition Corp., a special purpose ...

German flying taxi startup Lilium said on Tuesday it would float on the U.S. stock market via a reverse merger with Qell Acquisition Corp, a blank-cheque acquisition company, in a deal valuing the ...

Lilium had asked the German federal government to guarantee 50 million euros ($54 million) of a contemplated 100 million euro convertible loan from KfW, the German state-owned development bank.