Aircraft
Fiat Chrysler Backs Archer's eVTOL Aircraft
The U.S. automotive group will provide composites and engineering support for the four-seat, all-electric eVTOL aircraft, which is due to fly in 2021.
Archer says it will be ready to begin commercial operations with its four-seat eVTOL aircraft in 2024. (Image: Archer)
Archer says it will be ready to begin commercial operations with its four-seat eVTOL aircraft in 2024. (Image: Archer)

Fiat Chrysler Automobiles (FCA) is partnering with eVTOL developer Archer to provide composite materials and engineering support for the four-passenger aircraft due to be unveiled this year. The U.S.-based carmaker, which has not disclosed whether it is making a direct investment in Archer, is following the lead of Asian rivals Hyundai and Toyota, which have both made big financial commitments to the advanced air mobility sector.