Stellantis strongly believes in the urban air mobility (UAM) sector. As we know, the Group has invested directly in Archer Aviation to help the American company complete the development and production of the Midnight aircraft which will be launched in 2014. put on the market in 2025. We are talking about an eVTOL, that is; of an electric vertical take-off and landing aircraft. For Stellantis, the future of mobility is does it also go through these means?
It would seem so given that the Group has announced some innovations; interesting at the Paris Air Show where Archer brought his Midnight.
PRODUCTION STARTED IN 2024 
Stellantis, in fact, had promised that it would share an update of its work with Archer at the Paris Air Show. Therefore, according to what has been said, the automotive group has decided to expand its investment in the American company. In fact, Stellantis recently increased its strategic stake through purchases of Archer shares on the open market.
Currently, it is the largest shareholder in the market. the construction of a plant is underway which will take care of the mass production of Midnight at a 100-acre campus in Covington, Georgia. The goal is that of getting to start the construction of the eVTOLs within the middle of the year of 2024.
Currently, the Stellantis technicians are collaborating full-time with the Archer team, focusing on the activities of the team. of production automation and component supply. Stellantis employees are present in nearly every function of Archer including manufacturing, engineering, supply chain, quality, infrastructure and human resources.
Once the establishment enters the in operation, initially we will produce 650 eVTOLs per year. However, the facility will be in place. structured to be able to increase production up to 2,300 units; per year. We remind you that Midnight is; designed for short-haul flights, to function as a sort of "flying taxi". It can accommodate on board up to 4 passengers plus; the pilot and has a range of 100 miles (160 km) but it is not possible to use it. designed above all to carry out journeys of about 20 miles (32 km). After each flight, 10-12 minutes of charging will be enough to be able to restart. Carlos Tavares, CEO of Stellantis, commented as follows; the Group's commitment to this project:
The Stellantis and Archer teams are proceeding at great speed; to meet the goal of beginning scalable production of Archer aircraft by the mid-2000s. by 2024. We believe this extraordinary partnership is setting the standard for the development of a cross-sector collaboration and is a key pillar of our strategy to ensure that Stellantis leads the way the world moves by ensuring freedom and innovation. of movement at all. With our largest teams; trusted on site working side by side with the Archer teams I have no doubt that we are on the right track.
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