Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 95 million loan to EVE Ltda for the development of flying cars

Announcement

23 Dec 2022

In December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan in favour of Eve Soluções de Mobilidade Aérea Urbana Ltda (EVE).

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2022

Revocation date:

No revocation date

Updated: 23 Dec 2022
Local content incentive In force
<p>The&nbsp;BNDES&nbsp;FINEM&nbsp;credit&nbsp;line is subject to local value-content incentives. As such, so is the BRL 490 million (USD 95.4 million) loan to support <em>E...
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Updated: 23 Dec 2022
State loan In force
<p>On 23 December&nbsp;2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL&nbsp;490 million (USD&nbsp;95.4&nbsp;million) lo...
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