U.S. EXIM Bank Bets On Air Taxis, Loans $15M to Embraer’s Eve

The U.S. Export-Import Bank (EXIM) and Private Export Funding Corporation (PEFCO) are backing supply chains for electric vertical takeoff and landing (eVTOL) air taxis. Embraer eVTOL unit Eve Air Mobility—which has dual headquarters in Brazil and Melbourne, Florida—on Thursday revealed that EXIM and PEFCO loaned it $15 million to cover the cost of electric batteries and engineering services from i