Stellantis has agreed to subsidize nearly $400 million in labor and production costs at Archer’s production facility in Covington, Georgia.
Credit: Archer
Archer says it is pressing forward with its planned strategic partnership with Stellantis despite the abrupt resignation of Carlos Tavares, the automaker’s CEO and a vocal supporter of the air taxi startup. Announced Dec. 2, the departure of Tavares comes amid a particularly challenging period for...
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Archer Signals Confidence Despite Stellantis CEO Departure is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
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