Electra to Invest $850 Million in Ohio Factory for EL9 Hybrid-Electric Aircraft

Electra.aero's new $850 million manufacturing facility in Springfield, Ohio, is set to produce its EL9 hybrid-electric aircraft. This plant aims to eventually build up to 800 of the nine-passenger, ultra-short takeoff and landing planes annually, creating nearly 2,000 jobs in the process. While the EL9 has yet to complete its maiden flight, this investment signals a major commitment to the future of electric aviation in the U.S.