The automotive manufacturer will mass produce Archer's Midnight eVTOL air taxi at a new facility in Georgia and will also provide $150 million in fresh capital.
An increase in freighter deliveries and a further return of belly capacity on passenger aircraft appears likely to cause a considerable capacity inflow.
2023 looks set to test the credibility of ambitious targets set by developers of new electric and autonomous aircraft as certification and financial challenges loom large.
The latest version of the European air safety agency's draft certification requirements covering new eVTOL aircraft includes changes made following a consultation process conducted in mid-2022, and further consultation is planned for 2023.
After aiming to kick off flight test programs of hydrogen-powered aircraft by year's end, Universal Hydrogen and ZeroAvia are now eyeing early next year.