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November 17, 2022

Electric air taxi company plans $118M factory

ATLANTA (AP) — A company seeking to build small electric aircraft says it will invest $118 million to build a plant near Atlanta.

Archer Aviation of Santa Clara, California, said Monday that it would seek to build its aircraft adjoining an airport in Covington, Georgia. Archer is one of many companies trying to build electric air taxis. Archer’s plan involves a battery-powered vertical takeoff and landing craft with six propellers, holding four passengers and a pilot.

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