United Airlines makes a $15 million investment in an electric aviation business and purchases 200 air taxis
United Airlines is investing $15 million in Eve Air Mobility, a Brazilian aircraft maker Embraer-owned electric aviation company. United will buy 200 of Eve’s electric air taxis, which can seat four people and take off and land vertically like a helicopter.
This is United’s second large investment in the embryonic realm of electric air transportation, after an unknown sum in Archer last year. These businesses want to build tiny, electric vertical takeoff and landing (eVTOL) aircraft that can fly from rooftop to rooftop as a taxi service in a congested metropolis. However, none have gained permission from federal aviation officials to carry people thus far.