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

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