Brazil’s Eve will sell 150 of its “flying cars”: Brazilian electric vertical take-off and landing (eVTOL) aircraft manufacturer Eve — a subsidiary of Embraer — signed letters of intent (LoI) during the Paris Air Show to sell 150 of its eVTOLS to Nordic Aviation, Wideroe Zero, and Voar Aviation, Reuters reports. Nordic Aviation is looking to secure 30 of the aircrafts, Voar is looking to buy 70 to operate in metropolitan areas across Brazil, and Wideroe Zero’s LoI could potentially purchase 50 for operations in Scandinavia. Eve, which expects to kick off commercial operations in 2026, already has a backlog of 2.8k orders, the news outlet notes.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • US-based electric vehicle manufacturer Rivian Automotive plans to install Tesla’s EV charge ports to its vehicles starting 2025. (Statement)
  • China has extended tax breaks worth c.USD 72.3 bn for customers purchasing electric vehicles until 2027 in an effort to bolster its faltering EV industry. (Bloomberg)