Stellantis, Archer Move Partnership From Concept Phase to Execution Phase

Archer Aviation Inc. and Stellantis have made significant progress in their strategic manufacturing partnership, as announced at the 2023 Paris Air Show. The construction of the world’s first high-volume electric vertical takeoff and landing (eVTOL) aircraft manufacturing facility is well underway on a sprawling 100-acre campus in Covington, Georgia. Stellantis has recently increased its strategic shareholding in Archer through several purchases of Archer stock in the open market, solidifying their commitment to the partnership.

Carlos Tavares, CEO of Stellantis, expressed enthusiasm about the collaboration, stating, “The Stellantis and Archer teams are moving full speed ahead in execution mode to ensure we meet our goal of bringing scalable manufacturing of Archer’s aircraft online in mid-2024.” He further emphasized that this partnership exemplifies cross-industry collaboration and aligns with Stellantis’ strategy to lead the way in mobility, providing freedom of movement in various ways. Tavares expressed confidence in the progress made by the combined teams and the trajectory they are on.

“At Archer, our goal is not just to get to commercialization, but to achieve it at scale. High-volume manufacturing is critical to ensuring we can meet this goal, and joining forces with one of the leading mobility companies in the world is helping us realize the once-in-a-generation opportunity we have to redefine urban transportation,” said Archer’s Founder and CEO Adam Goldstein. “I couldn’t be prouder of what we’ve already accomplished with this partnership as we continue to lead the industry in building out manufacturing capabilities.”

As the manufacturing ramp-up phase continues, both Archer and Stellantis aim to leverage their respective strengths to enable rapid scaling of aircraft production, aligning with Archer’s commercialization plans. Stellantis personnel are now working alongside the Archer team on a full-time basis, focusing on operational readiness, manufacturing automation, and component sourcing. These experienced personnel from Stellantis are embedded across various areas of Archer’s operations, including manufacturing, engineering, supply chain, quality control, facilities, and human resources.

The initial manufacturing operations at the facility will have the capacity to produce up to 650 aircraft per year, with room for expansion to support the production of up to 2,300 aircraft annually. Such volumes would establish this site as the world’s leading aircraft manufacturing facility in terms of production volume.

Archer, headquartered in Santa Clara, California, is at the forefront of designing and developing eVTOL aircraft for urban air mobility networks. Their mission is to unlock the skies and reimagine how people move and spend their time. To learn more about Archer’s groundbreaking work, visit their website at www.archer.com.