Eve Air Mobility Names Three eVTOL Suppliers

PARIS – June 18, 2023 — Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) today named the first three suppliers for its electric vertical take-off and landing (eVTOL) aircraft. Nidec Aerospace LLC, a joint venture between Nidec Corporation and Embraer, will provide the electric propulsion system, BAE Systems will provide an advanced energy storage system and DUC Hélice Propellers will supply the rotors and propellers for the eVTOL.

“The announcement of the first suppliers is a key milestone in the development of our eVTOL aircraft,” said Andre Stein, co-CEO of Eve Air Mobility. “As we advance toward entry into service, our goal is to make sure that we produce and deliver a mature aircraft that not only exceeds expectations but enables our customers to operate safely and efficiently with the lowest cost of operation.” 

Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ), will develop the electric propulsion system for Eve’s eVTOL. Nidec Corporation, the world’s leading comprehensive motor manufacturer, will be backed by Embraer’s more than 50-year history of aerospace experience to design, certify, produce, and commercialize next-generation electric propulsion systems based on well-proven technologies.

“We are excited to have Eve as our launch customer for Nidec Aerospace’s new electric propulsion system,” said Michael Briggs, senior vice president and president of the Motion & Energy Business Unit at Nidec. “With our cutting-edge technologies, Nidec Aerospace and Eve together are well-positioned to drive and accelerate advances in electrified urban air mobility towards a more sustainable future.”

BAE System’s energy storage system will be integrated into Eve’s eVTOL and will allow the aircraft to efficiently operate with zero emissions and low noise. The new energy storage system leverages the company’s more than 25 years of experience in providing dependable electric power and propulsion for transit buses and other heavy-duty vehicles. That experience combined with their history of developing flight critical control systems for aerospace is ideal for Urban Air Mobility (UAM) applications that depend on safety, reliability and efficiency.