In a strategic move to strengthen its presence in the emerging air taxi market, Stellantis has committed up to $370 million to support the production of air taxis by Archer Aviation. This substantial investment will specifically target the manufacturing of Archer’s Midnight aircraft, with production targets set at approximately 650 units annually.
On 26 June, the world witnessed a leap into the future when the Chinese automotive giant, GAC, pulled the curtains off its latest innovation: the GOVE. This isn’t just another electric vehicle; it’s a harmonious blend of drone and car.
For some of us, the very idea of an air taxi evokes scenes straight out of science fiction. But in our quest to conquer gravity and reimagine transportation, Archer Aviation has been painstakingly crafting its eVTOL air taxi, “Midnight”. In a major leap toward that vision, the California-based pioneer has prepared its first working model of the air taxi, marking a significant milestone since it unveiled the design last November.
The goal is to have the Midnight, a local take-off and landing vehicle designed for use in urban transportation, ready for production by 2024. Stellantis and Archer Aviation are partnering to bring the Midnight to market and potentially launch the new taxi service in New York in 2025.