Finance, Taxes, Insurance
U.S. Exim Bank Backs Eve’s eVTOL Aircraft Program
Up to $15 million in guaranteed loans will support Eve’s U.S.-based suppliers
Eve Air Mobility
Eve has raised further funding to support work on its four-passenger eVTOL aircraft. © Eve Air Mobility

Eve Air Mobility has secured up to $15 million in U.S. government-backed financing to support its eVTOL program, the company announced on January 15.

According to Eve, the U.S. Export-Import (Exim) Bank and the Private Export Funding Corporation (PEFCO) agreed to provide financing for its U.S.-based suppliers. The guaranteed loan amount, which Eve said “can reach up to $15 million,” will primarily fund parts and engineering services from its battery supplier, BAE Systems.