Eve Soluções de Mobilidade Aérea Urbana Ltda (Eve), an independent company founded by Embraer, will receive R$490 (US$94) million from the National Bank for Economic and Social Development (BNDES) to execute the first phase of the project for the production of electric vertical takeoff and landing aircraft (eVTOL).
With zero local emissions, the vehicle will be available on the market starting in 2026.
According to the bank, the vehicle, known as the flying car, "will be designed to perform urban flights, with low noise levels and greater sustainability when compared to traditional vehicles.
According to BNDES . . .