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Eve Air Mobility and Acciona to work together and develop a global Urban Air Mobility ecosystem

Eve Air Mobil­i­ty and Acciona, a leader in regen­er­a­tive solu­tions for a decar­bonised econ­o­my, have announced a strate­gic part­ner­ship to accel­er­ate the devel­op­ment of a glob­al and sus­tain­able Urban Air Mobil­i­ty ecosys­tem. 

Acciona will invest US$30 mil­lion and will join a group of strate­gic investors cur­rent­ly sup­port­ing the devel­op­ment of Eve and its busi­ness plan. 

José Manuel Entre­canales, Acciona’s Chair­man and CEO, will become one of sev­en board mem­bers after Eve’s list­ing on the New York Stock Exchange (NYSE), expect­ed in the sec­ond quar­ter of 2022.

“Whether we like it or not, the world’s pop­u­la­tion is increas­ing­ly con­cen­trat­ed in larg­er cities,” he said. 

“Keep­ing the cli­mate foot­print of these urban areas at bay is one of the great­est chal­lenges of the decar­bon­i­sa­tion process. Urban air trans­port mod­els such as this can offer dif­fer­ent sus­tain­able mobil­i­ty solu­tions.” 

André Stein, co-CEO of Eve added: “Our agree­ment with Acciona rein­forces Eve’s com­mit­ment to deliv­er­ing a sus­tain­able UAM ecosys­tem, which includes not only our zero-emis­sion eVTOL – elec­tric ver­ti­cal take­off and land­ing vehi­cle – but also the green infra­struc­ture that will sup­port this new way of trans­port.”

The part­ner­ship will also ben­e­fit nov­el indus­tri­al ini­tia­tives includ­ing ver­ti­ports, pow­er pur­chase agree­ments, bat­tery charg­ing solu­tions, and han­dling. In 2021, 93% of the Acciona Group’s invest­ments were aligned with the Euro­pean Union’s tax­on­o­my for sus­tain­able activ­i­ties. 

The com­pa­ny avoid­ed the emis­sion of 13.4 mil­lion tonnes of CO2 (+1.5 per cent) dur­ing the year, end­ing that year as the most sus­tain­able elec­tric­i­ty com­pa­ny in Spain and the sec­ond most sus­tain­able world­wide, accord­ing to the Sus­tain­abil­i­ty Year­book 2022 pub­lished by S&P Glob­al.

Only last week, Eve Air Mobil­i­ty signed a Let­ter of Intent with Glob­al Cross­ing Air­lines Group for up to 200 of its eVTOL air­craft. At the same time, the com­pa­ny announced a con­sor­tium – which fea­tures Sky­ports, L3Harris Tech­nolo­gies and the Com­mu­ni­ty Air Mobil­i­ty Ini­tia­tive (CAMI) – to exam­ine the ecosys­tem required for both pas­sen­ger and vehi­cle jour­neys in Mia­mi-Dade Coun­ty.

Before that in Feb­ru­ary, Eve Air Mobil­i­ty and Sky­ports announced they were work­ing togeth­er to devel­op a new Con­cept of Oper­a­tions (CONOPS) for Advanced Air Mobil­i­ty for the Japan Civ­il Avi­a­tion Bureau. Part­ners include Kane­mat­su Cor­po­ra­tion, a major Japan­ese aero­space trad­ing com­pa­ny, and Japan Air­lines (JAL).

In Decem­ber 2021,  Eve announced plans to list on NYSE through a busi­ness com­bi­na­tion with Zan­ite Acqui­si­tion Corp, with Zan­ite chang­ing its name to Eve Hold­ing. 

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Jason Pritchard

Jason Pritchard is the Editor of eVTOL Insights. He holds a BA from Leicester's De Montfort University and has worked in Journalism and Public Relations for more than a decade. Outside of work, Jason enjoys playing and watching football and golf. He also has a keen interest in Ancient Egypt.

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