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Aviation New Pipistrel Deal

Published on December 7th, 2017 | by Nicolas Zart


New Pipistrel Deal Means Electric Alpha Electro Airplane Will Be Built In China

December 7th, 2017 by  

New Pipistrel DealVertical take-off and landing (VTOLs) aircraft are taking off, electric airplanes (e-planes) are going further and further through the sky, and a new Pipistrel deal tells us the electric Alpha Electro will be built and sold in the biggest electric vehicle market of all — China.

We covered the electric Pipistrel a little while back. Last Friday, the Slovenian aircraft maker announced it struck a deal with a Chinese entrepreneur to manufacture its electric Alpha Electro two-seater and hybrid Panthera four-seater in China. This means a greater distribution and adoption of electric planes around the globe. It also means that Pipistrel will open the Chinese e-plane market, something so far no one has done, at least to our knowledge.

With the partnership now official, Pipistrel is opening up its electric Alpha Electro and hybrid Panthera to 11 Asian countries. The partnership also opens up capital to step up the production of Pipistrels and bring the company on par with bigger companies.

New Pipistrel Deal

As of now, Pipistrel is partially owned by the newly formed Pipistrel Asia-Pacific joint venture, with the remaining 49% controlled by Chinese businessman Danny Wu Hao. Founder Ivo Boscarol continues to control the company with 51% of the shares. However, Pipistrel was quick to note that the ownership of both Slovene companies, Pipistrel d.o.o. and Pipistrel Vertical Solutions, remains 100% Slovenian. They are apparently different projects altogether … sort of.

Pipistrel d.o.o. will sell the technology and the rights for production and sales for the two aircraft models to Pipistrel Asia-Pacific for a significant part of SE Asia and its 11 country reach. As of now, thePipistrel Asia-Pacific, General Aviation Technology Co. Ltd company is the general distributor of Pipistrel for China.

Confused? Okay, we’re done with the legal mumbo jumbo.

New Pipistrel Deal

Pipistrel, Not So Small Anymore

In order to build up Pipistrel’s presence in China, Danny Wu Hao said that he would build an airport near Nanjing, China, where the Pipistrels will be manufactured. As part of Project Jurong, Hao agreed to build a new airport, an aircraft factory, a villas compound, and a department of aviation university within two years. Hao established the next step of the project through two new companies that will acquire the land in order to manufacture the craft and install local attractions.

It’s a new world, and Chinese groups and companies are now helping Western companies spread their wings over Asia. Who’s next?

Pipistrel introduced the Alpha Electro

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About the Author

Nicolas was born and raised around classic cars of the 1920s, but it wasn't until he drove an AC Propulsion eBox and a Tesla Roadster that the light went on. Eager to spread the news of that full torque, he was invited to write for various CleanTech outlets in 2007. Since then, his passion led to cover renewable energy, test drives, podcasts, shoot pictures, and film for various international outlets both in print and online. Nicolas offers an in-depth look at the e-mobility world through interviews and the many contacts he has forged in those industries. He particularly enjoys communicating about the new e-mobility technology and what it means to us as a society. Today he focuses most of his writing effort on CleanTechnica, a global online outlet that covers the world of electric vehicles and renewable energy. His favorite tagline is: "There are more solutions than obstacles."

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