Global Trade Alert
Global Trade Alert

Brazil: BNDES and Eve Air Mobility sign loan to construct new flying car production unit

Announcement

15 Oct 2024

In October 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Eve Air Mobility.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Oct 2024

Revocation date:

No revocation date

Announced: 15 Oct 2024
Local content incentive In force
The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 500 million (USD 88.6 million) loan to Eve Air Mobility, granted on 15 October 2024 by the National...
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Announced: 15 Oct 2024
State loan In force
On 15 October 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Eve Air Mobility signed a BRL 500 million (USD 88.6 million) loan. The loan will finance t...
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