Europe's ambitious dream of electric flying taxis is running into some serious roadblocks due to budget shortages. German ...

“We are definitely burning through cash," he told the BBC. “But this is a good sign, because it means we are producing the ...

The German air cab start-up Volocopter is in financial difficulties. According to a report, the Chinese car company Geely is ...

Competitor Lilium has already had to file for insolvency - and Volocopter is also short of cash and could use some fresh ...