Lilium N.V. (NASDAQ:LILM) has initiated the production of advanced, aviation-grade battery packs for its pioneering all-electric eVTOL Lilium Jet, aiming for a piloted flight by the end of 2024. These batteries feature lithium-ion cells with silicon-dominant anodes for enhanced energy, power, and fast-charging capabilities, aligning with the technology planned for use by leading automakers. The production meets EASA's strict safety standards and supports a regional air mobility business model. Lilium's battery factory near Munich utilizes new generation digital tools for efficient production and has secured comprehensive IP rights for its battery technology.