Archer, an eVTOL company, entered into a partnership with Fiat Chrysler Automobile in order to benefit from the company's existing manufacturing capacity and expertise in engineering, design, and materials science.
The eVTOL company is will work towards beginning production in 2023. Archer is based in Palo Alto and was co-founded by Brett Adcock and Adam Goldstein. Geoff Bower is the Archer Chief engineer, who was previously employed by Airbus and also worked on eVTOLs.
Archer's aircraft will be electrically-powered and have a maximum range of 60 miles when flying at its top speed of 150 mph.
The new partnership with Fiat Chrysler Automobiles and Archer will help reduce production costs and enable Archer to scale manufacturing.
Image Credit: Archer