Lilium’s seven-seater eVTOL will cost USD2.5 million

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German electric aviation start-up Lilium hopes to sell its seven-seat Lilium Jet for an initial unit cost of USD2.5 million.

While the company already offers its seven-seater eVTOL, the development of another larger version is already under consideration. Lilium intends to also create a 16-seater version of the Lilium Jet based on the same architecture and technology, which could drive these unit economics even higher.

Rather than intra-city transport, Lilium intends to focus on regional air mobility. Its eVTOL is projected to have a range of 250km at service entry in 2024.

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