Brazilian aeronautics company to build flying taxis

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Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said Thursday they would build a factory near Sao Paulo to manufacture ...

Brazil's Embraer and its subsidiary Eve Air Mobility say they will begin manufacturing electric flying cars, a model cabin of which is seen here at a Paris air show.SAO PAULO - Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said they would build a factory near Sao Paulo to manufacture electric flying taxis that could take off as soon as 2026.

The drone-like passenger vehicles, which resemble small helicopters, will initially be used in taxi fleets, with the first flights costing about $50 to $100 per person per trip, company sources told AFP. Embraer said it has already received orders for 2,850 eVTOLs worth about $1.5-billion from 28 clients in several countries, including helicopter operators, airlines and flight-sharing platforms.

Sao Paulo, a megalopolis of 11.5 million people with monster traffic jams, has the largest helicopter fleet in the world.

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