Archer Aviation aims to start electric air taxi trials in India next year [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
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Source: Yahoo! Finance
"Hopefully for next year, we will be able to bring planes here at the very least from a demonstrations perspective and fly them around. The goal is to help prepare the public for a new form of transportation," Adam Goldstein, who also founded Archer, said in New Delhi. Archer is working with India's aviation watchdog to get the "appropriate regulatory approvals" before it can begin trials in the country, its chief commercial officer Nikhil Goel said, adding it is already conducting trials in California. For commercial operations, Archer is in final stages of getting approvals from the Federal Aviation Administration (FAA) in the United States, which it expects will come through next year, after which it will seek clearances in India. It will first launch in New York and India will be its first international market, Goel said. Electric vertical takeoff and landing aircraft (eVTOL), also known as flying taxis, have been touted as the future of urban air mobility. The low-altitu
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