Stellantis Group invests an additional $55 million in Archer Aviation to support successful flight test of the "Midnight" aircraft

The Stellantis Group has invested an additional $55 million in Archer Aviation to support the successful flight test of its "Midnight" model. The investment will be used to finance the construction of Archer's electric vertical take-off and landing aircraft mass production plant in Covington, Georgia, USA. The plant is expected to be completed later this year and will be able to produce up to 650 electric vertical take-off and landing aircraft per year.