SÃO PAULO, Brazil: Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said on Thursday they would build a factory near São Paulo to manufacture electric flying taxis that could take off as soon as 2026.

The factory for "electric vertical take-off and landing aircraft," or eVTOL, will be built in the city of Taubate in São Paulo state, the companies announced on the 150th anniversary of the birth of Brazilian aviation pioneer Alberto Santos Dumont.

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