A leading-German car manufacturer has announced that it has invested €25m into a firm that specializes in producing 'flying taxis'. Daimler AG is one of a number of organizations who has decided to invest in German start-up company Volocopter.

Volocopter, a leading urban air mobility (UAM) company, and Jet Systems Hélicoptères Services, a passenger flight service provider, are joining forces to launch electric vertical takeoff and landing (eVTOL) aircraft services in France.