Naspers-owned Tencent invests in electric flying taxi company Lilium

Naspers-owned Tencent has invested in Lilium, a German aviation firm developing an electric flying taxi that takes off and lands vertically, but flies horizontally.

Lilium aims to have a product that can fly for an hour at speeds up to 300 km/h on a single charge.

Naspers owns 34% of Tencent, Asia’s second largest company.

In March Tencent bought 5% of Elon Musk’s Tesla.

Ray White (in for The Money Show’s Bruce Whitfield) interviewed Stuff magazine Editor Craig Wilson.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

We’re going to see self-driving cars a whole lot sooner.

Craig Wilson, Stuff

Our roads are going to look very different as early as 2020.

Craig Wilson, Stuff

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