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Stellantis completed the $55m investment in Archer Aviation.

Synopsis

Stellantis, an American-Italian-French multinational automotive manufacturing corporation, completed the $55m investment in Archer Aviation, an electric vertical takeoff and landing aircraft company. “Few things rival the excitement of seeing a dream take flight. I applaud the innovation, expertise and hard work of the engineering and manufacturing teams from Stellantis and Archer. With this additional investment in Archer, we remain on course for a future where freedom of mobility extends beyond today’s roads,” Carlos Tavares, Stellantis CEO.

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