7 Flying Car Stocks to Buy Before the Sector Really Takes Off - 5 of 7

Eve Holding Inc. (NYSE: EVEX) completed the development of a prototype and will begin the certification process in the first half of 2025. That means the company will lag behind other competitors in terms of providing commercial flights (i.e., generating revenue). It also means the payoff from investing in EVEX stock will require some patience. 

But that patience could be rewarded. That’s because Eve is a subsidiary of the airline maker Embraer. Not only that, but the company also has a partnership with United Airlines Inc. (NYSE: UAL) for 200 of the company’s air taxis. And the story gets better. Eve has non-binding Letters of Intent (LOIs) for 2,850 aircraft valued at around $14.4 billion. The company also has a service portfolio, “Tech Care,” through which it provides maintenance, logistics, and training.  

Eve believes it has the capital to get through 2025. And with Embraer as its parent company, investors shouldn’t be too worried about liquidity. That’s why investors seem to be excited about the stock.