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UPDATE 1-Brazil's Eve says not rushing to be the first to fly an eVTOL

reuters · May 31, 2022 17:45

(Recasts with co-CEO comments)

SAO JOSE DOS CAMPOS, Brazil, May 31 (Reuters) - Electric aircraft company Eve Holding Inc EVEX.N , which is controlled by Brazil's Embraer SA EMBR3.SA , is not rushing to be the first firm to flight an eVTOL, co-CEO Andre Stein said on Tuesday.

Eve, which is set to manufacture so-called "flying taxis," debuted on the New York Stock Exchange earlier in May after combining its business with Zanite Acquisition Corp.

Stein said during an event that Eve is focused on making sure it's going in the "right direction" rather than rushing to show investors a prototype.

Eve also announced a new partnership with Porsche Consulting, a consulting firm linked to German automaker Porsche

PSHG_p.DE , as it looks to define its manufacturing, logistics and supply chain strategies.

"Considering advanced manufacturing research and innovation, the companies will combine their aeronautic and automotive expertise to support Eve's implementation plan," Eve said in a press release.

(Reporting by Gabriel Araujo; Editing by Christian Plumb)

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.，Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc., and Futu Malaysia Sdn. Bhd. are affiliated companies.

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