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Company focus

Lilium
Product Success Metrics Hard Member-only

how would you measure the success of lilium's lilium core feature?

Prepared by NextSprints

15 mins
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Metric Design Strategic Thinking Sustainability Analysis Aviation Urban Transportation Clean Energy Product Analytics Sustainability Metrics Urban Air Mobility EVTOL
Product Management Analytics Question: Measuring success of Lilium's electric vertical takeoff and landing aircraft

Introduction

Measuring the success of Lilium's core feature is crucial for evaluating the effectiveness of their innovative electric vertical take-off and landing (eVTOL) aircraft. To approach this product success metrics problem effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy, and strategic initiatives.

Step 1

Product Context

Lilium's core feature is its all-electric jet technology, which enables vertical take-off and landing for urban air mobility. This revolutionary propulsion system consists of 36 electric ducted fans integrated into the wing flaps, allowing for efficient, quiet, and emission-free flight.

Key stakeholders include:

  • Passengers: Seeking fast, convenient urban air travel
  • Pilots: Operating the aircraft safely and efficiently
  • Regulators: Ensuring safety and compliance
  • Investors: Looking for return on investment and market growth
  • Cities/Municipalities: Interested in sustainable transportation solutions

User flow:

  1. Booking: Users reserve a flight through an app or website
  2. Arrival: Passengers check-in at a vertiport
  3. Boarding: Quick boarding process due to compact aircraft design
  4. Flight: Short, efficient journey with vertical take-off and landing
  5. Disembarkation: Rapid exit at the destination vertiport

Lilium's core feature aligns with the company's broader strategy of revolutionizing urban air mobility and providing sustainable, high-speed regional transportation. Compared to competitors like Joby Aviation and Volocopter, Lilium's design offers longer range and higher passenger capacity.

Product Lifecycle Stage: Lilium is in the late development/early commercialization stage, with ongoing flight tests and preparations for commercial launch.

Hardware-specific context:

  • Manufacturing considerations: Precision engineering required for electric ducted fans and composite materials
  • Supply chain dependencies: Reliance on specialized components like electric motors and batteries
  • Service infrastructure: Need for vertiport network and charging stations

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Updated Dec 4, 2024