California-based Archer, creating the world’s first all-electric airline, plans to collaborate with Fiat Chrysler Automobiles (FCA) to access the automobile giant’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience.
Archer and Fiat Chrysler Collaborate to Accelerate eVTOL Production
Key Takeaways:
- Archer, an electric airline startup, is collaborating with Fiat Chrysler Automobiles (FCA) to utilize FCA's low-cost supply chain, advanced composite materials, and engineering expertise for its electric vertical takeoff and landing (eVTOL) aircraft.
- The partnership aims to significantly decrease the production cost of Archer's eVTOL aircraft, enabling the company to offer affordably priced service to customers.
- Archer plans to unveil its first 100% electric aircraft, capable of traveling 60 miles at 150 mph, in early 2021, with an intent to begin production in 2023.
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