SHANGHAI (Reuters) – Chinese battery-making giant CATL signed a pact on Saturday to invest several million dollars in Autoflight, the developer of electric aircraft said in a statement. Both companies will develop batteries for electric aircraft that could fly a longer distance with higher load capacity, Auytoflight added. (Reporting by Shanghai Newsroom; Editing by Clarence […]
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Chinese battery maker CATL invests in electric aircraft developer Autoflight
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SHANGHAI (Reuters) – Chinese battery-making giant CATL signed a pact on Saturday to invest several million dollars in Autoflight, the developer of electric aircraft said in a statement.
Both companies will develop batteries for electric aircraft that could fly a longer distance with higher load capacity, Auytoflight added.
(Reporting by Shanghai Newsroom; Editing by Clarence Fernandez)