Eve Air Mobility
TypePublic
NYSE: EVEX
IndustryAerospace, Advanced Air Mobility
Founded15 October 2020 (15 October 2020)[1]
HeadquartersSão José dos Campos, São Paulo, Brazil
Key people
Johann Bordais (CEO)[2]
ProductseVTOLs, Urban air mobility infrastructure
ParentEmbraer
Websiteeveairmobility.com

Eve Air Mobility is a Brazilian subsidiary of Embraer which produces electric vertical take-off and landing (eVTOL) aircraft and urban air mobility infrastructure.[3] The company was founded on 15 October 2020.[1] EVE is a brand that was idealized by the innovation division of Embraer called EmbraerX.[1]

Embraer's objective with this new company is to accelerate the creation of solutions to make the Urban Air Mobility (UAM) market a reality.[1] The main project of the company is the eVTOL EVE, that concept was presented to the public on 8 May 2018, before the creation of the company.[4]

The first simulator flight of EVE was conducted by Embraer in the city of Rio de Janeiro in September 2021, with the purpose to test the future route for eVTOLs.[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 signed contracts with seventeen companies for 1,735 orders of eVTOLs, valued at US$5 billion,[8] already aiming the global market leadership.[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.[12]

Ownership and leadership

As of November 2023, Embraer holds a 90% stake of EVE, the rest of the shares are divided between investor companies such as United Airlines, SkyWest, Republic Airlines and Rolls-Royce, and the shares listed on NYSE.[13]

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. ↑ "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. ↑ "EXCLUSIVO: Embraer contrata XP para buscar sócio para Eve". Valor Econômico (in Portuguese). 15 November 2023. Retrieved 17 November 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.