BNDES will finance Embraer with R0 million to set up 'flying car' factory in Taube


After the testing and certification phases, EVE, a company associated with Embraer, is expected to begin operating the EVTOL, popularly known as the 'Flying Car', in 2026. A full-scale prototype of the 'flying car' was presented by Embraer Disclosure / Eve Air Mobility The National Bank for Economic and Social Development (BNDES) approved R$500 million in financing for Eve Air Mobility, an Embraer affiliate, to install a 'flying car' factory in Touba, in the interior of São Paulo. The deal was announced this Tuesday morning (15) by Eve, which is awaiting approval of the EVTOL – an abbreviation for 'Electric Vertical Take-off Landing Vehicle' in English – by the National Civil Aviation Agency (Anac), but it is already ready. Start series production – Read more below. ✅ Click here to follow the g1 Vale do Paraíba e Região channel on WhatsApp Eve estimates that 480 'flying cars' will be produced per year at the Taubaté factory. The company plans to phase out production in four phases to keep up with market growth. The factory will operate in a unit that already belongs to Embraer. Deliveries of the first eVTOL models are expected to begin in 2026. When operating at maximum capacity, the company will have approximately 1,000 employees. In an interview with TV Vanguarda, the president of BNDES, Aloysio Mercadante, said that one of the conditions for financing Embraer was the installation of factories in Brazil. “The agreement is: the factory is in Taube, there will be jobs, it is very important to concentrate quality jobs, technology, engineering, this Technological Park of Vale do Paraíba”, he said. Disclosure of Embraer's full-scale 'flying car' prototype / Eve Air Mobility In 2022, a credit line of R$490 million has already been approved to support Eve's EVTOL development program. Now, the new financing contract focuses on the manufacturing structure and establishes the bank structure. abroad through subcredits from national and international sources, including monetary funds. The financing repayment period is 16 years. According to Eve, the agreement reinforces BNDES' commitment to supporting decarbonization projects in the urban air mobility industry and aviation. With almost three thousand orders, Embraer's eVTOLs are undergoing a regulatory process at the National Civil Aviation Agency (Anac), responsible for overseeing civil aviation activities in Brazil. Differences between helicopters, eVTOLs and electric planes Daniel Evanskas/Arte g1 According to Embraer, 2,900 orders for eVTOLs were placed from 30 customers in 13 countries, representing potential revenue of US$14.5 billion. “Our goal is to rethink human connection, to deliver a car that will precisely create new mobility in urban areas,” said Eve CEO Johan Bourdais, adding that the flying car model proposed by the company Embraer has fixed wings and eight engines. . In addition to a rear engine that would propel the aerial vehicle. Inside the aircraft there is space for the pilot and four other passengers. Eve's EVTOL range, that is, the time the aircraft can remain in flight with fuel in the tank, is 100 km. How does Embraer’s “flying car” work? Embraer's 'Flying Car' flying cars resemble the structure of a helicopter, but are designed for short-distance trips within the same city or to nearby cities. Another common feature of the EVTOL is the electric motor. Helicopters are powered by kerosene or gasoline. There are also differences in the wings, which can be attached to the flying vehicle, and the type of propeller – see below. For now, there are no specific rules for “eVTOLs”, as the model is new in aviation. Therefore, according to Anac, the aircraft qualification criteria used for Embraer's “flying car” will be based on the requirements of the Brazilian Civil Aviation Regulations (RBAC). As the EVTOL theme is still considered 'futuristic' by many people, g1 produced material with the main response to innovation to date. Check it out below: With almost 3 thousand orders, Embraer's 'flying car' takes control at Anac Disclosure/Anac What about travel? According to Eve, the 'flying car' will have a maximum range of 100 km and will reduce intercity trips from one hour to 15 minutes (covering 99% of intercity trips). In addition to making urban flights more accessible to the population, this is the main objective of the innovation. Compared to a helicopter, flying cars will have lower operating and maintenance costs and lower noise emissions. As it is an electric vehicle, it will also have zero CO2 emissions. Watch the interview with the president of Embraer, Francisco Gomes Neto Where will they operate? According to the company, operators (those who purchase the products) will offer flights on specific routes, such as airport transportation and vertipots (a type of heliport). In addition, tourist flights are planned. So far, the expectation is that São Paulo, Rio de Janeiro, Rio Grande do Sul and San Francisco – in the USA – will be the first places to receive 'flying cars'. Additionally, there are customers in Norway, Australia, Kenya, Dubai and the United Kingdom. How much will it cost? The company estimates that the price of a trip will be closer to a car trip using the app than a helicopter flight, which is considered to cost more. According to Eve, the proposal is specifically to democratize urban flights, providing greater access to people. An operational study carried out by the company determined prices starting at R$99 for a trip between Barra da Tijuca and Galeão airports, in Rio de Janeiro. Who are the customers? To G1, Eve explained that the customers are diverse and, at the moment, it has up to 2,900 EVTOL letters of intent for helicopter operators, airlines, leasing companies and shared flight platforms. For now, the intention is to offer the product only to companies focused on transport services, and not for personal use. What is occupying power? The company's 'flying car' will have capacity for four passengers and a pilot. Why is it called a flying car? eVTOLs are popularly called “flying cars” due to their proposal to integrate them into urban mobility and connect communities from point A to point A, in a similar way to land transport. The company explains that the service can be offered through sharing applications, such as car racing. People will be able, for example, to buy a seat on a specific route that will be offered by an operator. Embraer announces manufacturing of flying cars in Taube Embraer announces partnership with airline for flying cars to operate urban transport in the USA Disclosure/See more news from Embraer Vale do Paraíba and Bragantina region

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