Singapore taxi operator ComfortDelGro announced yesterday (Jan 28) that that it is adding 25 private-hire cars to its fleet as part of a ride-hailing trial. These cars are not allowed to do street hires, but will be available for booking from February 4. This means that ComfortDelGro users can choose …
Read More »LTA: Taxi Operators, Private-Hire Firms To Get Additional S$112M Grant To Tide Over COVID-19
The Land Transport Authority (LTA) announced today (September 15) that the government will be injecting an additional S$ 112 million in financial assistance for taxi operators and private-hire firms. LTA said in a post on Facebook that the funds will help point-to-point (P2P) drivers and operators “tide over this difficult period”. …
Read More »Lilium raises $35 million to accelerate flying taxi development
Lilium, the German aviation startup setting out to bring flying taxis to the skies by 2025, has added a further $ 35 million to its pot, taking its series C round of funding to around $ 275 million following the initial investment it announced back in March. A person familiar …
Read More »Flying taxi startup Volocopter raises $40 million and touts potential IPO
Volocopter, a German company that’s developing autonomous electric takeoff and landing (eVTOL) aircraft for commercial air taxi services, has extended its series C funding by another €37 million ($ 40 million). This takes the round total to €87 million ($ 94 million), following the original €50 million ($ 54 million) …
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