SANTA CLARA, CA—Stellantis is investing an additional $55 million in Archer Aviation Inc. The start-up plans to build battery-powered air taxis at a new factory in Covington, GA.

The company expects to open the high-volume manufacturing facility later this year. Archer’s goal is to “establish a factory that can support its planned commercial ramp up by leveraging the expertise of Stellantis as its contract manufacturer.”