An electric vertical take-off and landing aircraft built by Archer Aviation is parked at an airfield in Salinas, Calif., in 2024. Archer Aviation via AP
Flying taxi maker Archer Aviation has alleged that its rival Joby Aviation has been misleading regulators and investors for years by hiding its connections to China.
In a March 9 filing in federal court in California, Archer accused Joby of running a manufacturing unit in Shenzhen, China, for more than a decade that received government grants intended to spur technological development and of carrying out fraudulent business practices that gave it an improper competitive edge.
