SAO PAULO, Oct 30 (Reuters) - Electric aircraft maker

Eve has obtained a $50 million loan from Citibank

, strengthening its balance sheet and supporting the

development of its "flying car," the company said on Wednesday.

Eve, controlled by Brazilian planemaker Embraer ( ERJ ),

is one of a bevy of startups worldwide developing

battery-powered aircraft that can take off and land vertically

to ferry travelers on short city trips, allowing them to beat

traffic.

The firm expects its electric vertical take-off and landing

(eVTOL) aircraft to obtain certification and enter service in

2026, and has amassed nearly 3,000 potential orders ahead of

production with potential revenue of $14.5 billion.

"Eve continues to attract new investors, a sign of the

continued confidence in our strategic plan and strong customer

interest in our eVTOL aircraft," Chief Financial Officer Eduardo

Couto said in a statement.

The Citi loan comes on top of a credit line of $88 million

that Eve secured from Brazil's state development bank BNDES

earlier this month to fund the development of its first

production facility in Sao Paulo state.

Following a raising of $95.6 million in new equity in July

from a group of investors including Embraer ( ERJ ) and Japan's Nidec ( NNDNF )

, the fresh loan pushes Eve's pro-forma liquidity to

about $480 million, the company said.

The key metric stood at around $340 million at the end of

the second quarter.

"The bank loan, along with existing cash and credit lines,

ensures that Eve remains well capitalized with a comfortable

balance sheet and one of the highest cash runways in the

advanced air mobility industry," Couto said.

Eve debuted on the New York Stock Exchange in May 2022,

raising around $400 million to develop and produce its eVTOL

aircraft.