Stellantis has invested an additional $55 million in Archer Aviation, a pioneer in the fast-emerging field of drone-like flying taxis. That follows a previous $110 million investment the Euro-American automaker made in Archer. And it comes at a time when the start-up completed a milestone flight and is preparing to open up a new assembly plant in Georgia.
Rimac’s Verne robotaxi brand is aiming to take ride-hailing services in a new direction with its fleet of stylish taxis. Brand will begin initial rollout in crowded city centers before expanding operations.
Stellantis has all but completely abandoned its Free2move ride-sharing service due to a variety of problems including thefts, damage and high operating costs. Free2move continues operating only in Washington, D.C. and could close its U.S. operations entirely.