Air taxi developer Archer Aviation says it finalized several key details related to the financing of its future electric vertical takeoff and landing (eVTOL) aircraft manufacturing plant in Covington, Georgia, and, as a result, has begun construction of the initial 350,000-square-foot facility of its larger production plant.

Archer announced in November it had selected the Covington site about 35 miles southeast of Atlanta to produce its Midnight air taxis. In January, it revealed it will partner with European automotive giant Stellanis to organize and oversee large-scale manufacturing of its eVTOLs.

Read more: Archer, car giant Stellantis ink major eVTOL air taxi production deal

Today Archer said in recent weeks, it had tied up various details pertaining to local incentives to locate the air taxi plant in Covington – a mix of financial support from regional and state authorities representing a whopping third of the eVTOL factory’s expected…

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Source: dronedj.com