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Eve Air Mobility has secured an $88 million loan from Brazil's National Development Bank to support the development of its eVTOL manufacturing facility in São Paulo > > https://hubs.la/Q02TXbJC0 With an eventual total expected output of up to 480 aircraft per year, Eve plans to expand the site’s production capacity on a modular basis, with four equally sized modules of 120 aircraft per year. Johann Bordais, CEO of Eve, said; “We are profoundly grateful for the continued support and confidence that BNDES has shown in Eve as we advance in our mission to reimagine mobility through efficient and sustainable urban flight experiences. This financing will be instrumental in setting up our eVTOL manufacturing facility, which will be not only the first of its kind in Brazil but also powered by clean, renewable energy, aligned with our commitment to sustainability.” Read more on the Advanced Air Mobility International website 🔗 Eve Air Mobility #evtol #aircraft #manufacturing #funding