Lotus Mobility envisions the future of electric aircraft transportation. Through its Liaoning Tongda Transport Technology subsidiary and its China partners, we have achieved certain milestones in 2 and 4 seater light aircraft and 2 seater seaplanes. The next gen development will focus on 9 and 19 seater commuters, among others.
Lotus Mobility recently entered into a Letter of Intent with Astro Aerospace Ltd to merge certain business interests with Astro as the joint flagship and with Astro Apac as the platform to serve the Asia Pacific region, perhaps soon the largest aviation market of the world.
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