BUSINESS

Eve, Blade expand “flying car” partnership to Europe

Photo: Eve Air Mobility

Eve (EVEX.N) and Blade Air Mobility (BLDE.O) announced Monday that Eve’s flying car would join Blade’s European route network in France.

Paris Airshow companies are using Eve’s eVTOLs in India and the U.S. Eve’s owner, Embraer (EMBR3.SA), plans to deploy in 2026.

Eve and Blade said Blade would develop practical air transportation options and find new routes in France and other European countries under their new cooperation agreement.

Blade, which operates conventional helicopters between Nice and Monaco, may buy new eVTOLs. Last year, Eve and Blade agreed to deploy 200 electric aircraft in India and 60 cars in the U.S.

“Extending our partnership with Eve underscores Blade’s commitment to leading the transition from conventional to electric vertical aircraft,” Blade CEO Rob Wiesenthal said.

Eve, backed by United Airlines (UAL.O) and Rolls-Royce (RR.L), had 2,800 pre-orders.

The company announced its initial eVTOL equipment suppliers and expected to develop a full-scale prototype in the second half. 2024 testing. Eve CEO Andre Stein said the extended collaboration with Blade would make travel more accessible and environmentally friendly.

Last year, Blade bought Monacair, Heli Securite, and Azur Helicoptere’s charter and scheduled flight operations, calling them “crucial” for Eve’s technical and commercial discussions.

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