China's Wanfeng plan to buy German air cab start-up Volocopter

NAMPA / DPA

2025-03-12

Berlin (dpa) - Chinese company Wanfeng plans to buy Germany's insolvent air cab manufacturer Volocopter for ?10 million ($11 million), Wanfeng disclosed to investors on Wednesday. The contract has not yet been signed, and a spokesman for Volocopter said the company is "not commenting on this at present." According to Wanfeng's announcement, the Volocopter business will be handled by a specially founded subsidiary based in Berlin, which will be p......

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