Eve Air Mobility

Last updated
Eve Air Mobility
Company typePublic
NYSE:  EVEX
Industry Aerospace, Advanced Air Mobility
Founded15 October 2020;4 years ago (15 October 2020) [1]
Headquarters São José dos Campos, São Paulo, Brazil
Key people
Johann Bordais (CEO) [2]
Products eVTOLs, Urban air mobility infrastructure
Parent Embraer
Website eveairmobility.com

Eve Air Mobility develops electric vertical take-off and landing (eVTOL) aircraft and urban air mobility infrastructure. [3] EVE is a brand that was idealized by the innovation division of Embraer called EmbraerX. [1]

Contents

Vision

Eve's objective is to accelerate the creation Urban Air Mobility (UAM) solutions. [1] The first project is the eVTOL EVE. [4]

History

The concept was presented to the public on 8 May 2018, before the creation of the company. [4]

The company was founded on 15 October 2020. [1]

The first simulator flight was conducted in Rio de Janeiro in September 2021. [5] In the first months of 2022, the company was listed on NYSE priced at US$2.9 billion under the code EVEX in partnership with the American fund Zanite Acquisition Corp. [6]

On 12 December 2021, Embraer and BAE Systems announced plans to embark on a joint study to explore the development of Eve's vehicle for the defence and security market. [7] As of January 2022, Embraer had signed contracts with seventeen companies for 1,735 units, valued at US$5 billion. [8] [9]

On 10 February 2022, Embraer requested to National Civil Aviation Agency of Brazil (ANAC) the certification for the eVTOL EVE. [10] In 2022, the company went public on the New York Stock Exchange following the company's merger with Zanite Acquisition Corp. [11] In June 2023, Embraer announced the first production line of EVE in the city Taubaté, interior of the state of São Paulo, Brazil. [12]

As of March 2024, Embraer had signed contracts with twenty-eight companies for 2,850 orders of eVTOLs, valued at US$8 billion from 30 customers in 13 countries. [13] In 2024 Eve unveiled its first full-sized prototype during the UK's 45th Farnborough Airshow. It announced an additional US $94 million in funding to add to the $492 million it had already raised. [14]

Design

The aircraft uses 'lift & cruise' design similar to the Autoflight Prosperity. It has 8 propellers for vertical flight and a single pusher prop for cruising. The rear prop is driven by two motors for redundancy and performance. [14]

This aircraft is designed for a 60-mile (100 km) range, carrying four passengers and one pilot. [14]

Diehl Aviation is contracted as the interior designer and producer. [14]

Eve plans capacity of 480 units per year, at four plants in Taubaté. [14]

Ownership and leadership

As of November 2023, Embraer held a 90% stake in EVE, while the rest of the shares are divided between investor companies such as United Airlines, SkyWest, Republic Airlines, Rolls-Royce. [15]

References

  1. 1 2 3 4 Leonardo Guimarães (15 October 2020). "Embraer cria subsidiária para acelerar desenvolvimento de carros voadores" [Embraer creates subsidiary to accelerate development of flying cars]. CNN Brazil (in Portuguese). Retrieved 27 January 2022.
  2. ↑ "EVE website". Embraer EVE. Retrieved 27 January 2022.
  3. ↑ Thiago Vinholes (11 September 2021). "Conheça a Eve, a marca de carros voadores da Embraer" [Meet Eve, Embraer's flying car brand]. CNN Brazil (in Portuguese). Retrieved 27 January 2022.
  4. 1 2 "EmbraerX Unveils First eVTOL Concept". Embraer EVE. 8 May 2018. Retrieved 27 January 2022.
  5. ↑ "Eve, da Embraer, vai testar rota para "carro voador" no Rio de Janeiro" [Eve, from Embraer, will test route for “flying car” in Rio de Janeiro]. Poder360 (in Portuguese). 16 September 2021. Retrieved 27 January 2022.
  6. ↑ "Eve, an Embraer company, to List on NYSE Through Business Combination with Zanite Acquisition Corp". Zanite. 21 December 2021. Retrieved 27 January 2022.
  7. ↑ "BAE Systems and Embraer to explore potential defence variants for the Eve eVTOL aircraft". embraer.com. 12 December 2021. Retrieved 27 January 2022.
  8. ↑ Tatiana Bautzer (21 December 2021). "Eve, da Embraer, será listada na NYSE com valor de US$ 2,9 bilhões" [Embraer's Eve to be listed on NYSE with a value of US$ 2.9 billion]. CNN Brazil (in Portuguese). Retrieved 27 January 2022.
  9. ↑ Janaina Lage (21 December 2021). "Eve terá a liderança do mercado de carro voador, diz presidente da Embraer" [Eve will lead the flying car market, says Embraer president]. O Globo (in Portuguese). Retrieved 27 January 2022.
  10. ↑ Luísa Laval (10 February 2022). "Embraer formaliza à Anac pedido de registro para 'carro voador'" [Embraer formalizes request to ANAC for 'flying car' registration]. UOL (in Portuguese).
  11. ↑ "Eve Holding, Inc. Announces Completion of Business Combination Between Zanite Acquisition Corp. and EVE UAM, LLC" (Press release). PR Newswire. May 9, 2022.
  12. ↑ Caroline Aragaki (20 July 2023). "Embraer e Eve anunciam primeira fábrica de carro voador no Brasil" [Embraer and Eve announce first flying car factory in Brazil]. CNN Brazil (in Portuguese). Retrieved 9 November 2023.
  13. ↑ "Com quase 3 mil encomendas, carro voador da Embraer passa por regulamentação na Anac" [With almost 3,000 orders, Embraer's flying car undergoes regulation at Anac]. G1 (in Portuguese). 13 March 2024.
  14. 1 2 3 4 5 Salas, Joe (2024-07-21). "World's best-selling air taxi: Florida company unveils new prototype". New Atlas. Retrieved 2024-07-24.
  15. ↑ "EXCLUSIVO: Embraer contrata XP para buscar sócio para Eve". Valor Econômico (in Portuguese). 15 November 2023. Retrieved 17 November 2023.
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