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Referenced article published on on June 9, 2023 written by Business Wire. Link to original article:

Stellantis and Archer Host European Debut of Midnight eVTOL Aircraft at 2023 Paris Air Show

Archer Aviation and Stellantis N.V. have unveiled their cutting-edge Midnight eVTOL (Electric Vertical Takeoff and Landing) aircraft at the 2023 Paris Air Show. Marked for commercialization in 2025, this vehicle took center stage in the Air Mobility event at the show, which emphasized on advanced air mobility and its future implications on the aerospace industry. This unique collaboration aims to exploit the individual strengths of both companies in propelling the Midnight aircraft to a large-scale market. Stellantis is lending its advanced manufacturing technology, experienced personnel, and capital to support Archer’s world-class team of eVTOL aircraft, electric powertrain, and certification experts. The synergy is expected to bolster the manufacturing scale of the aircraft and reduce Archer’s spending during the ramp-up phase by hundreds of millions of dollars, thereby strengthening its path to commercialization.