Eve Air Mobility

Eve Air Mobility is a Brazilian company that develops electric vertical take-off and landing (eVTOL) aircraft and urban air mobility infrastructure.[2] EVE is a brand that was idealized by the innovation division of Embraer called EmbraerX.[3]

Vision

Eve's objective is to accelerate the creation Urban Air Mobility (UAM) solutions.[3] 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.[3]

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]

Embraer EVE's maiden flight was conducted in December 2025.[15]

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] In December 2025, the company contracted to buy electric motors supplied by Beta Technologies.[16]

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.[17]