Stellantis among first wave of automakers betting on flying cars

High-flying: Stellantis is among the major companies that are part of a first wave that will reap benefits. — Reuters

ROME: Just weeks after it was formally created by the merger between Italian-American carmaker Fiat-Chrysler and French rival Peugeot, Stellantis’ interest in the nascent flying car sector is already starting to take off.

Fiat-Chrysler first announced a cooperation agreement with California-based technology company Archer Aviation last month, combining Archer’s research on “Electric Vertical Take-Off and Landing Aircraft” with the Italian-American company’s low-cost supply chain, capabilities with advanced composite materials, and the company’s experience with engineering and design.