Archer partners with Fiat Chrysler to develop electric VTOL aircraft

Palo Alto-based Archer has teamed up with Fiat Chrysler (FCA) to develop electric vertical takeoff and landing (eVTOL) aircraft, with the intent of starting production in 2023. FCA has already collaborated on cockpit design elements of Archer’s first aircraft, which is expected to be unveiled early this year.

Archer’s goal is to create a vertically integrated electric airline that “moves people throughout the world’s cities in a quick, safe, sustainable and cost-effective manner.” The company says its 100% electric, ultra-quiet eVTOL aircraft will be capable of traveling distances of up to 60 miles at 150 mph.

Archer hopes to benefit from FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience in order to significantly decrease the cost of production.

“We’ve been hyper-focused on a customer-first approach to vehicle design and aircraft operations,” said Brett Adcock, co-founder and co-CEO of Archer. “Now we are working with a seasoned automotive partner to leverage cost benefits and experience that will allow Archer to produce thousands of aircraft reliably and affordably every year.”

“This is a first-of-its-kind deal for one of Detroit’s Big Three automakers in moving into the urban air mobility space,” said Adam Goldstein, co-founder and co-CEO of Archer. “There is now a clear path for Archer to bring mass production to this industry, changing the way people travel in and around cities forever.”

Source: Fiat Chrysler