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R$200 million from BNDES for the aviation of the future! Embraer receives a big sum from the bank and promises to invest in “electric cars”

Written by Roberta Souza
Published 04/12/2024 às 22:38
aircraft, embraer, investment
PHOTO: IA

What is Eve Air Mobility, how is it innovating in urban transport and what will be its next steps towards an increasingly renewable future?

Eve Air Mobility, a subsidiary of Embraer, leads the development of electric aircraft vertical takeoff and landing (eVTOL) aircraft. These aircraft are designed for short journeys in urban areas, offering a solution of efficient and sustainable mobility, according to the CNN website.

eVTOLs promise transform transportation in big cities, relieving traffic, reducing carbon emissions and offering a modern alternative to traditional transport.

Embraer's billion-dollar investment and plans for 2026

The BNDES granted R$200 million to Embraer's Eve, marking the second stage of company support. This investment complements the R$ 490 million already guaranteed in 2022 and a recent contribution of US$50 million from Citibank.

These resources will be used to:

  • Manufacture new prototypes.
  • Perform rigorous testing.
  • develop the commercial version of the aircraft, with certification scheduled for 2026.

With almost 3.000 requests already registered, Embraer's Eve estimates potential revenue of $14,5 billion, consolidating its position in the global market.

Urban air mobility: the revolution in transport

eVTOLs represent a radical change in urban mobility. They are:

  • Sustainable: operate with clean energy, reducing carbon emissions.
  • efficient: overcome urban congestion with short, direct flights.
  • Promising: have the potential to democratize urban air transport in the future.

Brazil, with Eve leading the market, emerges as a protagonist in this innovative sector.

Challenges on the horizon: how does Eve plan to overcome them?

Despite the promises, the path to 2026 includes overcoming regulatory challenges, achieve security certifications and gain public trust. Eve, with Embraer's technical support and solid investments, is well positioned to overcome these barriers and begin operating its commercial aircraft within the expected timeframe.

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Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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