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Eve Gets $38 Million Credit From Brazil Development Bank For Motors

Eve’s first prototype is approaching a first flight in the coming weeks.  Credit: Eve Air Mobility

Eve’s first prototype is approaching a first flight in the coming weeks.

Credit: Eve Air Mobility
Eve Air Mobility has received two credit lines worth a combined R$200 million ($38 million) from the Brazilian National Development Bank (BNDES) to finance the development and integration of its electric motors. A Securities and Exchange Commission (SEC) filing on Nov. 20 outlines two loan tranches...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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