Eve Secures $88 Million Loan From Brazilian Development Bank

The new loan will be used to fund build-out and tooling of Eve’s production facility in Taubate, Sao Paulo.

Credit: Eve Air Mobility
Eve Air Mobility has secured an $88 million loan from Brazil’s National Development Bank (BNDES) to fund development of its production facility in Taubate, Sao Paulo. The new tranche of funding raises Eve’s total liquidity to around $428 million, according to an estimate from Canaccord Genuity...
Ben Goldstein

Based in Rhode Island, Ben covers advanced air mobility and is a contributor to Aviation Week’s Business Aviation & AAM Report.

Subscription Required

 

Eve Secures $88 Million Loan From Brazilian Development Bank is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.