Stellantis, archer move partnership from ‘concept phase' to ‘execution phase'

Le bourget, france--(business wire)--paris air show - archer aviation inc. (nyse: achr) and stellantis n.v. today announced progress in their strategic manufacturing partnership at the 2023 paris air show. with construction now well underway on the world's first high-volume evtol aircraft manufacturing facility located on an approximately 100-acre campus in covington, georgia, stellantis recently increased its strategic shareholding through a series of purchases of archer stock in the open mark.
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