FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Stellantis N.V.
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/23/2023 

3. Issuer Name and Ticker or Trading Symbol

Archer Aviation Inc. [ACHR]
(Last)        (First)        (Middle)

TAURUSAVENUE 1
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

HOOFDDORP, P7 2132LS      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 17485264 D (1) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants to Purchase Class A Common Stock (right to buy)  (2)1/3/2028 Class A Common Stock 15000000 $0.01 D (2) 
Warrants to Purchase Class A Common Stock (right to buy)  (3)11/6/2025 Class A Common Stock 1671202 $0.01 D (3) 
Warrants to Purchase Class A Common Stock (right to buy)  (4)7/19/2026 Class A Common Stock 1077024 $0.01 D (4) 

Explanation of Responses:
(1) Includes 9,985,264 shares owned directly by Stellantis and 7,500,000 shares owned directly by FCA Italy S.p.A.
(2) The warrant becomes exercisable in 3 separate tranches upon either (i) performance by Stellantis of undertakings set forth in the Manufacturing Collaboration Agreement, dated as of Jan 3, 2023, between Issuer and Stellantis (the "Agreement") or (ii) the VWAP for the Class A Common Stock exceeds certain specified amounts. The warrant is immediately exercisable on (i) Automotive OEM Change of Control (as defined in the Agreement) upon expiration of Stellantis' right to terminate the Collaboration Agreement or (ii) a Liquidation Event (as defined in the Agreement) if Agreement is not terminated by Issuer or Stellantis prior to such Liquidation Event. The warrant shall be exercisable with respect to Class A Common Stock that have become vested in accordance with the terms of the warrant, at any time, on or before the earliest of (i) immediately prior to a Liquidation Event, and (ii) Jan 3, 2028.
(3) Under a warrant dated November 6, 2020, FCA US is entitled to purchase up to 1,671,202 shares of Class A Common Stock at an exercise price of $0.01 per share. Such warrant has become fully exercisable in accordance with its terms, and expires on November 6, 2025. This warrant is owned directly by FCA US.
(4) Under a warrant dated July 19, 2021, FCA Italy is entitled to purchase up to 1,077,024 shares of Class A Common Stock at an exercise price of $0.01 per share. Such warrant has become fully exercisable in accordance with its terms, and expires on or before the earliest of (i) July 19, 2026 and (ii) immediately prior to the closing of a Liquidation Event. This warrant is owned directly by FCA Italy.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Stellantis N.V.
TAURUSAVENUE 1
HOOFDDORP, P7 2132LS

X

FCA US LLC
1000 CHRYSLER DRIVE
AUBURN HILLS, MI 48326-2766

X

FCA NORTH AMERICA HOLDINGS LLC
1000 CHRYSLER DRIVE
AUBURN HILLS, MI 48326-2766

X

FCA FOREIGN SALES HOLDCO LTD.
PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY
WEST MIDLANDS, X0 CV3 1ND

X

FCA ITALY S.P.A.
CORSO GIOVANNI AGNELLI 200
TURIN, L6 10135

X

SFS UK 1 LTD.
PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY
WEST MIDLANDS, X0 CV3 1ND

X


Signatures
Stellantis N.V., by /s/ Giorgio Fossati, General Counsel6/27/2023
**Signature of Reporting PersonDate

FCA US LLC, by /s/ Giorgio Fossati, Attorney-in-Fact6/27/2023
**Signature of Reporting PersonDate

FCA North America Holdings LLC, by /s/ Giorgio Fossati, Attorney-in-Fact6/27/2023
**Signature of Reporting PersonDate

FCA Foreign Sales Holdco Ltd., by /s/ Giorgio Fossati, Attorney-in-Fact6/27/2023
**Signature of Reporting PersonDate

SFS UK 1 Limited, by /s/ Giorgio Fossati, Attorney-in-Fact6/27/2023
**Signature of Reporting PersonDate

FCA Italy S.p.A., by /s/ Giorgio Fossati, Attorney-in-Fact6/27/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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