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Chinese Company invests into Electric Flying Car.

PICTURE CREDIT: Lilium

A creative idea has been conceptualized  for a five-Seater Electric Jet that can move passengers between Manhattan and JFK Airport in five minutes.


This ambitious idea has caught the attention of China’s Tencent Company, the lead investor in a $90 million fundraising round announced Tuesday by Startup Lilium.

Lilium has recently hired executives with experience at Airbus, Rolls Royce and Tesla. The company has said it will use the money to add to its 70 staff and develop a larger five-seat jet that can take off and land vertically.

The company’s next design project is an air taxi that can travel at speeds of up to 300 km/hour (186 mph). Powered by 36 engines, it would carry five passengers up to 300 km (186 miles) while producing zero emissions.

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