- Geely in talks to buy Germany's Volocopter - The deal could save the startup from possible bankruptcy - Its controlling stake may be bought by creating a consortium - The consortium could invest about $95 million for an 85% stake - Gerhard Sturm's family office will also participate - Two years ago, Volocopter's valuation was around $1.9 billion - The new deal would lower the startup's valuation to nearly $110 million - Geely is now conducting due diligence on the startup - China calls low-altitude economy a priority - It will be easier to develop there than in EU or US markets - Volocopter production may move inside China - Current Volocopter models are assembled inside Germany