Opel, Peugeot and Fiat together in electric plane production
Stellantis, the automotive group behind Opel, Peugeot, Fiat and other enterprises, will help build an electric plane. The group has agreed with Archer Aviation to take charge of the mass production of its Midnight eVTOL.
The Midnight eVTOL is a small plane – fitting a pilot and four passengers – that can land and take off vertically, with a range of up to 161 kilometres. The plane will be operated on short taxi flights over short distances, with charging times of about 10 minutes.
According to a report by BatteriesNews, The Archer Aviation plane is scheduled to go into production in 2024 in numbers that are not yet known. Stellantis, headquartered in Hoofddorp, previously took a stake in Archer Aviation. That stake will be increased and up to $150 million of capital will go towards Archer if the company can meet certain targets.