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

2 in force

Implementation date

23 Dec 2022

Revocation date:

No revocation date

State loan In force

On 23 December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 490 million (USD 95.4 million) loan to support Eve Soluções de Mobilidade Aére...

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Local content incentive In force

The BNDES FINEM credit line is subject to local value-content incentives. As such, so is the BRL 490 million (USD 95.4 million) loan to support Eve Soluções de Mobilidade Aérea Urbana Ltda (EVE), gran...

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