Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

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    Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

    Posted by Chariotz on March 18, 2024 at 8:00 am
    Stellantis N.V. and Archer Aviation Inc. today announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025.

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