Eve receives $92.5 million funding from BNDES for zero-emission aircraft

Eve Air Mobility has received two distinct credit lines totaling $92.5 million from Brazil’s National Development Bank (BNDES). Both credit lines are expected to offer beneficial terms and conditions to Eve with a 12-year maturity and amortization grace period. André Stein, co-CEO of Eve, said: “We appreciate the confidence and support that BNDES is showing to Eve as we continue to progress the development of a zero-emission aircraft with a commitment to a full-life cycle approach towards carbon neutrality. Not only will this foster innovation, but will support the emergence of a more sustainable form of aviation, our eVTOL aircraft,