Published 1 year ago

Stellantis, Archer expand partnership to build electric aircraft

Summary by Ground News

Stellantis will mass produce an electric vehicle take-off and landing aircraft for Archer Aviation. The agreement includes giving the startup-turned-publicly traded company access to up to $150 million in additional capital over the next two years. The Midnight aircraft, which has a 100-mile range, is designed for urban environments where the average trip will be around 20 miles.

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Associated Press News

Stellantis, Archer Aviation partner on electric aircraft

Automaker Stellantis is teaming with Archer Aviation to create an electric aircraft.

1 year ago·United States

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abc News

Stellantis, Archer Aviation partner on electric aircraft

Automaker Stellantis is teaming with Archer Aviation to create an electric aircraft

1 year ago·United States

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TechCrunch

Stellantis to mass produce Archer's electric aircraft in expanded deal

Stellantis expanded its partnership with Archer, agreeing to invest $150 million in the company and mass produce its electric aircraft.

1 year ago·United States

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The Detroit News

Stellantis to build Archer's Midnight electric aircraft in Georgia

Stellantis will manufacture partner Archer's Midnight electric vertical take off and landing, or eVTOL, aircraft at a new plant outside Atlanta.

1 year ago·Detroit, United States

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Business Wire

Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth

Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and Archer Aviation Inc. (NYSE: ACHR) today announced that they have agreed to significantly expan

1 year ago·Crystal River, United States

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Globe Newswire

Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth

Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth Stellantis and Archer join forces to manufacture Archer’s...

1 year ago

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