Chinese automotive group Wanfeng has confirmed the acquisition of troubled German eVTOL developer Volocopter for €10 million.
The acquisition of Volocopter by Zhejiang Wanfeng Auto Wheel Co for a knock-down price will fuel debate about Germany’s ...
GA manufacturer and Volocopter are now “integrated” after its parent company signed an asset purchase agreement.
Click the link below to download a spreadsheet with an example Market Cap calculation for Zhejiang Wanfeng Auto Wheel Co Ltd below: The chart above depicts the distribution of Market Cap for ...
Former Volocopter chief test pilot Paul Stone has joined eVTOL rival Vertical Aerospace in a major boost for the future ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
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Neom-backed Volocopter bought by Chinese company
Chinese automotive and aerospace group Zhejiang Wanfeng Auto Wheel has acquired failed German air taxi developer Volocopter, a partner in Saudi Arabia’s Neom giga-project, for $11 million. The sale ...
In other market news, Zhejiang Wanfeng Auto Wheel was a standout up 10% and finishing the session at CN¥21.42. In the meantime, WeRide trailed, down 11.5% to end the day at $24.42. Ford's ...