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Pathikrit Bose

Is This Flying Car Stock a Buy Ahead of 2025 eVTOL Production?

Archer ACHR United Airlines

Founded in 2018 and known for its electric vertical takeoff and landing (eVTOL) aircraft, San Jose, CA-based Archer Aviation (ACHR) has been in the news recently. The company recently revealed that it has completed construction on its high-volume manufacturing facility, which is connected to the Covington Municipal Airport in Georgia.

The company aims to revolutionize urban air mobility by creating eVTOL aircraft to transport people within and around cities, offering a sustainable alternative to traditional ground transportation. It is currently targeting to begin production from the Georgia facility by early 2025.

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