Aircraft startup Electra will reportedly invest around $850m in an Ohio factory to build its nine-seat EL9 hybrid-electric ultra-short takeoff plane.

Aircraft startup Electra will reportedly invest around $850m in an Ohio factory to build its nine-seat EL9 hybrid-electric ultra-short takeoff plane.

FARNBOROUGH, England, July 21 : Hybrid-electric aircraft startup Electra said Tuesday it will invest $850 million to build a production facility to assemble its nine-passenger…