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ACHR Stock Alert: Archer Aviation Preps for Expansion in India
ACHRArcher Aviation (ACHR) InvestorPlace·2024-04-19 16:32

Archer Aviation (NYSE:ACHR) stock is in the news Friday after the electric vertical takeoff and landing (eVTOL) company announced plans to expand its business to India.According to recent comments from Archer Aviation CEO Adam Goldstein, the company is looking to hold a trial for its aircraft in the country next year. That would see it prepare for a commercial launch of an air taxi service starting in 2026.If all goes well, this would make India the first international air taxi service Archer Aviation launc ...