Electric air taxi company Archer plans $118M Georgia factory

By JEFF AMY
Associated Press

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. Archer says it expects to get a roughly $40 million incentive package from Georgia and local governments. The company says it could eventually hire up to 1,000 workers.