Lilium's Electric Jets Gain EU Approval for Flying Taxis

German air taxi firm Lilium has received regulatory approval from the European Union Aviation Safety Agency to design and operate its electric vertical takeoff and landing vehicles. The approval, known as "Design Organization Approval," allows Lilium to manufacture its aircraft while industry rules are being developed. The company aims to launch commercial flights by 2025 and faces competition from Boeing, Airbus, and German start-up Volocopter in the emerging air taxi market.