Wednesday, 14 August, 2024

Stellantis to Fund Production Costs for Archer's Air Taxis

Archer has announced that Stellantis will contribute to funding the production costs of its air taxis. This partnership aims to accelerate the development and manufacturing of Archer's innovative urban air mobility solutions. Stellantis' financial support will play a crucial role in advancing the production timeline and scaling up operations, positioning Archer to lead in the emerging market for electric vertical takeoff and landing (eVTOL) aircraft.