Chinese EV battery maker CATL invests in ‘flying car’ developer AutoFlight
Chinese battery giant CATL is investing hundreds of millions of dollars into AutoFlight, a maker of electric vertical take-off and landing (eVTOL) vehicles, amid rapid development of the domestic low-altitude economy. The Shanghai-based aerial vehicle firm on Saturday announced the new financing from the world’s largest supplier of electric car batteries, but did not disclose … Read more
