Eve Holding, Inc. · NYSE:EVEX
Eve — Eve Air Mobility — Investor Presentation (September 2023)
21 slides from Eve's investor presentation, September 2023
Slide 1: Eve Air Mobility
EVE AIR MOBILITY SEPTEMBER 2023
Slide 2: Vehicle Design Optimized for Urban Mobility
VEHICLE DESIGN OPTIMIZED FOR URBAN MOBILITY Flexible seating capacity Tailored for urban mobility 4 passengers at EIS, up to 6 in 100 km (60 mile) range at EIS addresses autonomous configurations 99% of UAM missions High utilization rate Unmatched cost efficiency Designed for thousands flight cycles
Slide 3: Most Practical Design Choice for UAM Missions
MOST PRACTICAL DESIGN CHOICE FOR UAM MISSIONS LIFT + CRUISE TILT ROTOR VECTORED FAN MULTI-ROTOR • Simple design • High speed • Efficient cruising • Efficient takeoff and • High reliability • Long range • Long range landing • Straightforward to certify • Simplest to certify • Quiet in cruise mode • C
Slide 4: UAM Market
UAM MARKET by 2035 we forecast 50.000 operating eVTOLS performing over 770k flights per day transporting over 900M passengers Source: Eve Air Mobility In 500 cities SECRET INFORMATION This information This information belongs belongs to to Eve Eve and and cannot cannot be be used used or or reproduc
Slide 5: Potential of UAM in Major Urban Areas
POTENTIAL OF UAM IN MAJOR URBAN AREAS RIO DE JANEIRO CHICAGO LOS ANGELES 245 eVTOLS 240 eVTOLS 390 eVTOLS 37 Vertiports 30 Vertiports 38 Vertiports 100+ Routes 120+ Routes 150+ Routes 4.5M Annual passengers 4.5M Annual passengers 7.1M Annual passengers $220M Annual revenues $225M Annual revenues $35
Slide 6: eVTOL and Urban ATM Deals
eVTOL AND URBAN ATM DEALS Letters of Intent for up to 28 eVTOL customers in 14 countries 9 UATM customers & partners in 3 continents 2,850 eVTOL AIRCRAFT 30 50 $8.6 Bi 60 50 200 100 200 200 150 200 200 200 100 400 100 35 100 50 50 40 50 50 40 25 Undisclosed 50 10 40 70 Undisclosed 2 This information
Slide 7: Latest Product Developments
LATEST PRODUCT DEVELOPMENTS eVTOL CONFIGURATION CONCLUDED IN 2Q23 Final design presented at the Paris Air Show; detailing eVTOL’s architecture and subsystems MATURING THE eVTOL TECHNICAL KNOWLEDGE RUAG wind-tunnel results incorporated Mobile rig for high-performance, low-sound rotors Rig employed fo
Slide 8: eVTOL Configuration Concluded
eVTOL CONFIGURATION CONCLUDED New empennage Pusher powered Final eVTOL configuration; new by dual motors empennage and pusher disclosed • Final cabin dimensions & baggage compartments 8 lifters • Refined fuselage and empennage 4 passengers 1 pilot Upcoming milestones: • BALANCE OF SUPPLIER SELECTION
Slide 9: eVTOL Cabin
EVTOL SHORTLISTED 2023 CABIN SECRET This information belongs to Eve and cannot be used or reproduced without written permission from the INFORMATION This information belongs to Eve and cannot be used or reproduced without written permission from the Company. Company. 9
Slide 10: Selection of Primary Suppliers
SELECTION OF PRIMARY SUPPLIERS Energy Storage System Rotors and Propellers Electric Propulsion System This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 10
Slide 11: eVTOL Testing Phase Continues
EVTOL TESTING PHASE CONTINUES Wind tunnel testing Propeller rig Truck-mounted rig 1st prototype - wing’s root and tip liners’ manufacturing tooling and 1st carbon fiber laminate material Flight-control rig Motor rig This information belongs to Eve and cannot be used or reproduced without written per
Slide 12: Selection of First eVTOL Production Site in Brazil
SELECTION OF FIRST eVTOL PRODUCTION SITE IN BRAZIL TAUBATÉ - SÃO PAULO, BRAZIL • Production facility situated within Embraer’s existing unit that will be expanded • Strategic logistical location, proximity to Embraer’s headquarters in São José dos Campos and Eve’s engineering and human resources tea
Slide 13: Financial Performance
FINANCIAL PERFORMANCE USD MILLIONS 2Q23 2Q22 1H23 1H22 INCOME STATEMENT Research and Development (21.8) (10.4) (43.3) (19.5) Selling, General and Administrative (6.6) (15.7) (12.8) (17.0) Warrant expenses, change in fair value of derivative liabilities (6.8) (81.5) (9.0) (81.5) Financial and Foreign
Slide 14: Milestones and 2023 Outlook Unchanged
MILESTONES AND 2023 OUTLOOK UNCHANGED SELECTION OF PRIMARY SUPPLIERS AIRCRAFT SYSTEMS ARCHITECTURE DEFINITION FIRST PROTOTYPE ASSEMBLY (2H23) INITIATE TEST CAMPAIGN (2024) TRIAL SOFTWARE OF URBAN AIR TRAFFIC MANAGEMENT – URBAN ATM (2H23) $ 2023 TOTAL CASH CONSUMPTION BETWEEN $130 AND $150 MILLION Th
Slide 15: Eve's Global UAM Ecosystem Initiatives
EVE’S GLOBAL UAM ECOSYSTEM INITIATIVES For agnostic, integrated and equitable UAM ecosystem UK CAA Regulatory Sandbox Co-created solutions with ANSP to Chicago CONOPs & Simulation address regulatory barriers to airspace Japan CONOPs Simulating passenger services integration Understanding ground infr
Slide 16: Eve Completed Development of Urban ATM Prototype
EVE COMPLETED DEVELOPMENT OF URBAN ATM PROTOTYPE URBAN AIR TRAFFIC MANAGEMENT (UATM) PROTOTYPE Focused on essential services to support introduction and scalability of Urban Air Mobility (UAM) operations FEEDBACK FROM SIMULATIONS AND ADVISORY GROUPS Tests during Eve's Chicago Simulation and Advisory
Slide 17: Sustainability
SUSTAINABILITY 100% ZERO FULL LIFE- UP TO 80% CO2 CARBON electric vehicle local carbon CYCLE emission NEUTRALITY emissions reduction vs cars design approach Achievable with minimum costs This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 17
Slide 18: Sustainable Materials
Composite wall SUSTAINABLE MATERIALS Water based paint Sustainable leather Wool fabric Recycled rubber SECRET This information belongs to Eve and cannot be used or reproduced without written permission from the INFORMATION This information belongs to Eve and cannot be used or reproduced without writ
Slide 19: Strong Environmental Appeal with CO2 Emissions Reduction
STRONG ENVIRONMENTAL APPEAL WITH CO2 EMISSIONS REDUCTION Operational Emissions by Transportation mode (g CO2-eq per passenger per km) 580 120 47 15 Medium helicopter Medium car eVTOL (Brazil) eVTOL (Norway) EVTOLS WILL HAVE SIGNIFICANTLY LOWER CARBON IMPACT THAN CARS AND HELICOPTERS IT WILL DEPEND O
Slide 20: World Economic Forum
WORLD ECONOMIC FORUM Collaborating with knowledge into Joining the coalition to anticipate the industry leaders' reports impact of UAM on the top cities around the world Target True Zero Current Status Unlocking Sustainable Battery and Short Term Medium Term Long Term Hydrogen-Powered Flight Stakeho
Slide 21: Thank You!
THANK YOU! This information belongs to Eve and cannot be used or reproduced without written permission from the Company.
Eve Air Mobility — Investor Presentation (September 2023) on 6ix