Archer Aviation continues to make developmental headway in its quest to commercial eVTOL operations. Archer recently completed a successful transition flight—one of the trickiest maneuvers to overcome in eVTOL design. The advanced air mobility developer filmed the entire journey, reaching flight speeds of over 100 mph.
Archer Aviation ($ACHR) is a California-based eVTOL developer that has quickly become a recognizable name in the nascent segment of advanced air mobility (AAM).
In recent months, much of our coverage has pertained to Archer’s business side of eVTOL travel. The company has established several new partnerships in the US and around the world to commercialize its technology for air taxi rides and cargo transport.
For example, Archer plans to launch eVTOL air taxi services in the United Arab EmiratesandIndia. Just last month, Archer also announced a new partnership with KaKaoMobility in South Korea to begin commercial eVTOL air taxi operations in the country by 2026.
With FAA certification now in place to begin commercial eVTOL operations in the US, Archer remains focused on fine-tuning its flagship Midnight aircraft to ensure safe operation before it starts putting passengers onboard.
As an eVTOL, Archer’s Midnight aircraft takes off vertically like a helicopter, then transitions its rotors mid-air to propel itself forward like an airplane before transitioning back upright to lower itself down for safe landing. As the Archer team points out in the video below, the transition phase is one of the most complicated and tricky maneuvers to handle, so achieving such a milestone is a big deal.
Source: Archer Aviation
Watch the Archer eVTOL complete a transition flight
Per Archer, its Midnight eVTOL completed a successful transition flight on June 8, 2024, reaching flight speeds of over 100 mph. This milestone marks the company’s second transition using a full-scale eVTOL aircraft.
Archer’s initial transition flight took place in November 2022, using its first-generation full-scale eVTOL aircraft, “Maker.”
At approximately 6,500 pounds, the next-generation, production-intent Midnight aircraft has the makings to be one of the largest and heaviest eVTOLs in the segment, adding clout to its transition flight milestone. Archer’s chief engineer, Dr. Geoff Bower, spoke explicitly about the Midnight eVTOL and what the company’s successful test flight means for its future in AAM:
Successfully completing the transition from hover to wing-borne flight with a full-scale eVTOL aircraft is a tremendous engineering feat that only a handful of companies in the world have achieved. Over the seven eVTOL aircraft I’ve built and flown in my career, they have gotten progressively larger as we pursued payloads that made the aircraft platform commercially viable. Midnight is believed to be one of the largest eVTOL aircraft ever to achieve transition and one of the first that is purpose built to carry enough passengers to be able to operate a successful air taxi business. I’m extremely proud of Archer’s team as we have now achieved this milestone with two generations of full-scale aircraft.
Following its transition flight, Archer says it will continue the Midnight’s flight test program, which includes plans to fly simulated commercial routes, execute high-rate flight operations, and test additional flight maneuvers used in commercial operations. All while continuing to work to improve the eVTOL’s speed and flight endurance.
Following the previously mentioned FAA certification, the company also said the Midnight eVTOL remains on track for its final “implementation” phase of its Type Certification program. That will include piloted flight testing later this year. You can watch Archer’s full eVTOL transition test in the video below:
FTC: We use income earning auto affiliate links.More.
Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.
In a social media post released over the weekend, the company shared a minimalist graphic reading “XP4” along with the message “Tune in 5.6.2025 9:30AM PT.” That date – this Tuesday – suggests we’re just hours away from the big reveal of the Lectric XP 4.
If true, this would mark the next generation of the most successful electric bike in the U.S. market. The current model, the Lectric XP 3.0, has become an icon of accessible, budget-friendly electric mobility. Starting at just $999, the XP 3.0 offers a foldable frame, fat tires, a 500W motor, a rear rack, lights, and hydraulic brakes – all packed into a highly shippable design that arrives fully assembled. It’s the kind of package that has helped Lectric claim the title of best-selling e-bike brand in the U.S. for several years in a row.
With the XP 3.0 still going strong, the teaser raises plenty of questions. Will the XP 4.0 be a modest update or a major leap forward? Could we see new features like torque-sensing pedal assist, a location tracking option, or upgraded performance? Or is Lectric preparing a more comfort-oriented variant, maybe even with upgraded suspension or even more accessories included standard?
Advertisement – scroll for more content
The teaser image, which features stylized stripes in grey, blue, and black, may hold some clues. One theory is that the colors represent new trim options or component upgrades. Another possibility is that Lectric is preparing multiple variants of the XP 4.0 – perhaps targeting commuters, adventurers, and off-road riders with purpose-built versions. We took the liberty of a bit of rampant speculation late last year, so perhaps that’s now worth a revisit.
At the same time though, Lectric’s penchant for launching new models at unbelievably affordable prices has never run up against such strong pricing headwinds as those posed by uncertainty in the current US-global trade war fueled by rapidly changing tariffs for imported goods.
Previous versions of the Lectric XP e-bike line have seen sky-high sales
Whatever the case, Lectric’s knack for surprising the industry with high-value, customer-focused e-bikes means expectations will be high. The brand has built a loyal following by delivering reliable performance at a price point that few can match, and any major update to the XP lineup is likely to ripple across the market.
As a young and energetic e-bike company, Lectric is also known for throwing impressive parties around the launch of new models. It looks like I may need to hop on a red-eye to Phoenix so I can see for myself – and so I can bring you all along, of course.
Be sure to tune in Tuesday at 9:30AM PT to see what Lectric has in store – and you can bet we’ll have all the details and first impressions as soon as they drop.
FTC: We use income earning auto affiliate links.More.
Logo of the Organization of the Petroleum Exporting Countries (OPEC)
Andrey Rudakov | Bloomberg | Getty Images
U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.
The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.
Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.
Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.
“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.
Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.
Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.
In a bid to keep up with the rapid growth of EVs, Chicago Department of Transportation (CDOT is currently seeking public feedback on a plan called “Chicago Moves Electric Framework.” The city’s first such plan, it outlines initiatives that include a curbside charging pilot through the city’s utility, ComEd, and expanded charging access in key areas throughout the city.
Unlike other such plans, however, the new plan aims to focus on bringing electric vehicle charging to EIEC and low income communities, too.
“Through this framework, we are setting clear goals and identifying solutions that reflect the voices of our residents, communities, and regional partners,” said CDOT Commissioner Tom Carney. “By prioritizing equity and public input, we’re creating a roadmap for electric transportation that serves every neighborhood and helps drive down emissions across Chicago.”
Advertisement – scroll for more content
Neighborhoods on the south and west sides of Chicago experience a disproportionate amount of air pollution and diesel emissions, largely due to vehicle emissions according to CDOT. Despite that, most of Chicago’s public charging stations are clustered in higher-income areas while just 7.8% are in environmental justice neighborhoods that face higher environmental burdens.
“Too often, communities facing the greatest economic and transportation barriers also experience the most air pollution,” explains Chicago Mayor Brandon Johnson. “By prioritizing investments in historically underserved areas and making clean transportation options more affordable and accessible, we can improve both mobility and public health.”
The Framework identifies other near-term policy objectives, as well – such as streamlining the EV charger installation process for businesses and residents and implementing “Low-Emission Zones” in areas disproportionately impacted by air pollution by limiting, or even restricting, access to conventional medium- and heavy-duty vehicles during peak hours.
The Chicago Moves Electric Framework includes the installation of Level 2 and DC fast charging stations in public locations such as libraries and Chicago’s Midway Airport, “supporting not only personal EVs but also electric taxis, ride-hail and commercial fleets.”
Chicago has a goal of installing 2,500 public passenger EV charging stations and electrifying the city’s entire municipal vehicle fleet by 2035.
Electrek’s Take
ComEd press conference at Chicago Drives Electric, 2024; by the author.