© Reuters.
SINGAPORE – Lilium N.V. (NASDAQ: LILM), an electric vertical take-off and landing (eVTOL) jet developer, has announced a partnership with Star Charge, a provider of electric vehicle charging solutions, to supply charging systems for the Lilium Jet. The announcement was made at the Singapore Airshow today, where Lilium placed an initial order for 120 Star Charge chargers for its testing and delivery center activities, as well as for customer vertiports.
The chargers, which are compatible with the Combined Charging Standard (CCS), feature a liquid-cooled cable designed to enable fast charging and reduce the turnaround times between flights, thereby increasing the utilization of the Lilium Jet. This compatibility with CCS ensures interoperability with other eVTOLs using the same standard.
Star Charge’s CEO for Europe, Ji Cheng, expressed enthusiasm about the partnership, highlighting the benefits of reduced travel environmental impact and time savings for passengers. Lilium’s Chief Commercial Officer, Sebastien Borel, noted the importance of Star Charge’s high-performance charging infrastructure for the development and certification of the Lilium Jet and the ground infrastructure of their customers.
Lilium began production of its eVTOL aircraft in late 2023 after receiving Design Organization Approval by the European Union Aviation Safety Agency (EASA). With service entry expected in 2026, Lilium anticipates significant recurring revenue from its Aftermarket Service Business, including the sale of electrical chargers.
The partnership with Star Charge is seen as a crucial step for Lilium in preparing for the commercial launch of its jets and supporting the infrastructure needs of its clients.
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