Electric aircraft maker Eve expects to raise funds as early as next month to finance operations through the certification of its flying taxi in 2026, Chief...
FILE PHOTO: The logo for Eve Air Mobility is displayed on a screen during the company’s debut on the floor of the NYSE in New YorkSAO JOSE DOS CAMPOS, Brazil - Electric aircraft maker Eve expects to raise funds as early as next month to finance operations through the certification of its flying taxi in 2026, Chief Executive Johann Bordais told Reuters.
It later secured an additional 490 million-real facility from Brazilian state development bank BNDES. By the end of the first quarter this year, Eve's total liquidity stood at $280 million. Eve has amassed nearly 3,000 orders and chosen most of its component suppliers ahead of production, with 90% of its supply chain budget in place.The company's first factory will be in Taubate, Brazil, capitalizing on proximity to major railways and roads, and to Embraer, whose headquarters are in neighboring Sao Jose dos Campos.
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