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The representative of the American startup Lilium during the demonstration of a prototype of a five-seater autonomous flying taxi developed and produced by this German manufacturer, said that this device was driven by 36 electric motors and had already passed the first tests. It took off on its own, was in the air for a while and then landed successfully. One charge is calculated for one hour of flight. During this time, aerotaxi can overcome 300 kilometers. According to the BBC, the executive director of Lilium, Daniel Wiegand, said that their development is the first in the world, since such devices, previously tested by several companies, do not take on board more than 2 people. It is reported that after passing the new flight tests aerotaxi can be launched into mass production in the mid-twenties.
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
Lufthansa’s Chief Executive Officer Carsten Spohr announced on Sunday that the company would seek to avoid grounding and insolvency before a showdown between the airline’s biggest shareholder and the German government over the ...
German imports and exports took a huge hit in April, revealing a record plunge since 1990 after the COVID-19 pandemic severely disrupted demand and supply. The data on Tuesday added to the bleak outlook for the biggest economy in Europe. Many ...
Early Tuesday saw European stocks push lower, resulting from signs of a weakening German economy, the region's industrial powerhouse. The DAX in Germany traded 0.9% lower at 3:55 AM ET (0705 GMT). Also experiencing the plunge are France's ...
Germany took another step back to its road to economic recovery after it posted its lowest industrial production output in April amid the crisis of the coronavirus pandemic. Europe’s largest economy is up to another downhill trajectory ...
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