Industrial Policy & Trade Monitor· 2662 actions· ✨ 89 recent

Brazil's national development bank BNDES approved BRL 200 million (~USD 37.6 million) in financing for Eve Air Mobility — the Embraer subsidiary developing an electric vertical take-off and landing (eVTOL) aircraft — split between BRL 160 million from the Fundo Clima (Climate Fund, Green Industry modality) and BRL 40 million under the FINEM Inovação (Incentivised Line A) facility. The funds finance integration of the aircraft's electric propulsion system and prepare the vehicle for the flight-test campaign required to obtain type certification from Brazil's civil aviation authority ANAC. Since 2022, BNDES has extended more than BRL 1.2 billion in cumulative financing to Eve's eVTOL programme, including support for its Taubaté (SP) production facility.

The UK Advanced Propulsion Centre (APC) announced on 3 December 2025 a GBP 10 million grant toward the GBP 20 million "IGNITED" project, led by Mercedes-AMG High Performance Powertrains (HPP), to develop an ultra-compact, high-power electric drive system for high-performance EVs drawing on Mercedes' Formula 1 power-unit engineering. UK partners YASA Ltd (axial-flux motor technology) and DePe Gear Company Ltd are involved, with work based in Northamptonshire and Oxfordshire. The project is expected to create over 150 new jobs and secure 34 existing roles, with production targeted within three years.

India's Ministry of Defence signed a Rs 2,095.70 crore (~$236.4m) contract with state-owned Bharat Dynamics Limited (BDL) for INVAR laser-guided anti-tank missiles to arm the Indian Army's T-90 tank fleet, procured under the 'Buy (Indian)' category which mandates domestic-content/localisation thresholds rather than open international tender. Global Trade Alert logs the measure as a "public procurement localisation" intervention that displaces potential foreign suppliers (tracked as Belgium, Israel and Italy) from competing for the contract. The deal is framed by MoD as an Aatmanirbharta (self-reliance) milestone, with BDL having progressively localised guidance and propulsion subsystems originally licensed from Russian technology.

The UK Department for Business and Trade announced on 15 October 2025 a GBP 15 million grant, administered via the Advanced Propulsion Centre (APC)'s Collaborative R&D competition under the DRIVE35 programme, toward a GBP 30 million project led by Toyota Motor Manufacturing UK (TMUK) to assess the feasibility of a lightweight L6e-category battery-electric micro-mobility vehicle. The consortium includes lightweight-EV specialist ELM, solar-technology firm Savcor, and the University of Derby, with manufacturing feasibility centred on TMUK's Burnaston site. The vehicle concept features an integrated solar roof, enhanced connectivity, and lightweight recyclable materials.

On 14 August 2025, BNDESPAR — the equity-investment arm of Brazil's national development bank BNDES — approved its second direct variable-income investment under its green-economy/innovation strategy: USD 74.9 million (BRL 405.3 million) in Eve Air Mobility, the Embraer subsidiary developing an eVTOL ("flying car") to be manufactured in Taubaté, São Paulo. The investment is structured as a subscription of BDRs (Brazilian depositary receipts backed by Eve's US-listed ordinary shares) in a BNDESPAR-led private offering; Eve plans to list the BDRs on B3 for local investors, with daily liquidity guaranteed by a market maker. Proceeds strengthen Eve's capital structure and fund R&D for its business plan ahead of ANAC type-certification and commercial eVTOL production.

Brazil's national development bank BNDES approved a BRL 186.1 million (~USD 33.6 million) financing operation for Bram Offshore Transportes Marítimos Ltda, part of the US Edison Chouest Offshore group and the largest offshore-support vessel operator in Brazil. The loan, drawn from the Merchant Marine Fund (Fundo da Marinha Mercante, FMM), covers 90% of a BRL 206.8 million project to repair, modernise and convert 15 support vessels — including hybrid-propulsion retrofits (battery installation) on at least one Petrobras-chartered vessel — at the Navship shipyard in Navegantes, Santa Catarina. The same BNDES announcement included a separate BRL 53.2 million FMM loan to Estaleiro Navship Ltda to resume pandemic-halted shipyard works at Porto do Açu (São João da Barra, RJ).

Brazil's national development bank BNDES approved a BRL 345 million financing package, drawn from the Merchant Marine Fund (Fundo da Marinha Mercante, FMM), for Hermasa Navegação da Amazônia to build 60 river barges and 2 azimuth-propulsion towboats. BNDES frames the deal as the FMM's first allocation specifically targeted at decarbonisation, with the new fleet projected to cut annual CO2 emissions by up to 88.4% via fewer trips and a potential diesel-to-biodiesel switch on the towboats. The vessels will operate on the Madeira-Amazon river corridor in Brazil's North region, adding roughly 35% cargo capacity and an estimated 355 jobs.

The UK Department for Business and Trade launched DRIVE35 on 13 July 2025, a GBP 2.5 billion decade-long programme of capital and R&D funding for zero-emission-vehicle (ZEV) manufacturing and its supply chain, comprising GBP 2 billion of capital investment through 2030 and a further GBP 500 million in R&D funding through 2035. As part of the launch, the government announced over GBP 300 million in initial support for named automotive projects, including more than GBP 100 million for Astemo Ltd in Bolton for EV component production (over 220 direct jobs) and GBP 15 million for Dana in the West Midlands for EV parts production (over 100 jobs). DRIVE35 is administered via APC-run competitions (Scale-up Fund, Innovation Fund) open to companies across the automotive supply chain from start-ups to global manufacturers.

On 17 June 2025, at the Paris Air Show, the UK Department for Business and Trade announced over £250 million in joint government-and-industry funding for green aerospace research and technology projects, drawn from a £975 million allocation to the Aerospace Technology Institute (ATI) Programme for 2025-2030. The tranche covers 11 major projects plus 18 smaller initiatives, led by Airbus, Rolls-Royce and Intelligent Energy, targeting hydrogen propulsion, additive manufacturing and engine-efficiency technologies aimed at net-zero aviation.

Spain's state development bank, Instituto de Crédito Oficial (ICO), granted a loan of up to EUR 65 million directly to ITP Aero, a Zamudio (Vizcaya)-headquartered global leader in aircraft-engine design, development, manufacturing and maintenance. The facility partially finances ITP Aero's 2025-2033 Investment Plan, which is centred on decarbonisation R&D — electrification, hydrogen propulsion, and sustainable aviation fuel (SAF) — as the company targets net-zero climate impact by 2050. ICO states ITP Aero engines power 40% of all annual commercial aircraft engine deliveries and that over 5,000 of its engines are currently in service.

Brazil's federal innovation-financing agency FINEP (Financiadora de Estudos e Projetos) signed an Economic Grant Agreement with EVE Soluções de Mobilidade Aérea Urbana Ltda. ("Eve Brazil"), the Embraer subsidiary developing an electric vertical take-off and landing (eVTOL) aircraft, agreeing to grant up to BRL 90,000,000.00 (~USD 15.96 million) in non-repayable economic subsidy funding for a project to build out Brazil's sustainable air-mobility ecosystem around eVTOL technology. Eve Brazil must contribute a minimum of BRL 100,760,797.26 (~USD 17.87 million) of its own resources, and the combined ~BRL 190.8 million project must use the funds within 36 months of signing or forfeit unused installments.

Cabinet Resolution No. 97 of 2024 is the implementing regulation of UAE Federal Decree-Law No. 43 of 2021 on Commodities Subject to Non-Proliferation. It operationalises the UAE's horizontal dual-use export-control regime, empowering the Executive Office for Control & Non-Proliferation (EOCN) to designate prohibited and restricted goods on the National Control List and to issue export/transit/re-export permits within 20 working days. The Control List covers nuclear materials, chemicals and precursors, electronics, telecommunications, sensors and lasers, navigation systems, avionics, marine and aerospace equipment, propulsion systems, and "national controlled commodities" (armoured vehicles, autonomous equipment). This is the regulatory architecture under which post-G42 advanced AI-chip outbound flows from the UAE are licensed.

The Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to implement changes to the Missile Technology Control Regime (MTCR) Annex agreed at Technical Experts Meetings in 2018, 2019, and 2021, revising six ECCNs (1C111, 2A101, 2B119, 6A107, 9A101, and 9E515). The rule simultaneously expands license exception eligibility for MT-controlled items — adding one new authorization and broadening four existing exceptions — for exports to allies and partners not in Country Groups D:4 or D:5. BIS estimates the changes will reduce MT-related license applications by approximately 400 per year, easing compliance burden on defence and aerospace exporters dealing with allied governments.

The Bureau of Industry and Security added 57 entities under 57 entries to the Entity List, effective September 30, 2022, in direct response to Russia's ongoing invasion of Ukraine and its illegal annexation of Ukrainian regions. Of the 57 entities, 56 are listed under Russia and one (Subsidiary Sevastopol Naval Plant of Zvezdochka Shipyard) under the Crimea Region of Ukraine. The additions span aviation repair and overhaul facilities, aerospace R&D institutes, naval propulsion, ballistic-missile producers, advanced-materials and quantum science institutes, and the federal metrology agency; 50 of the 57 receive footnote 3 designations as Russian military end users, subjecting them to the Russia/Belarus-Military End User Foreign Direct Product Rule. All are added with a license review policy of denial for all EAR-subject items except food and medicine designated EAR99.

Effective 24 February 2022 — the date of Russia's full-scale invasion of Ukraine — the US Bureau of Industry and Security (BIS) published an interim final rule (87 FR 12226, FR Doc 2022-04300) adding sweeping new export license requirements under a new § 746.8 of the Export Administration Regulations (EAR). The rule requires a licence for any item in CCL Categories 3–9 (electronics, computers, telecommunications, sensors, lasers, navigation/avionics, marine, aerospace, propulsion) exported, reexported, or transferred to Russia, with a review policy of denial. Two new Russia-specific Foreign Direct Product (FDP) rules extend US jurisdiction to foreign-manufactured goods: the Russia FDP Rule (§ 734.9(f)) covers all foreign-made items using US technology/equipment destined for Russia, and the Russia-MEU FDP Rule (§ 734.9(g)) covers items destined to 47 designated military-end-user (MEU) entities with no licence exceptions available. All three restrictions carry a presumption of denial, making this the most sweeping peacetime expansion of the EAR since its modern codification.

The Bureau of Industry and Security issued a final rule on September 11, 2020 amending the Export Administration Regulations (EAR) and Commerce Control List (CCL) to implement the remaining decisions adopted at the Wassenaar Arrangement December 2018 Plenary meeting, covering 28 ECCNs revised across Categories 1–3 and 5–9 and one new ECCN (6B002) added. The rule harmonises US dual-use export controls with the 41 other WA participating states, tightening or clarifying controls on semiconductors, sensors/lasers, navigation/avionics, marine equipment, aerospace propulsion, and information-security items. An earlier May 2019 rule had already implemented five emerging-technology decisions from the same 2018 Plenary; this rule covers the residual set of decisions not addressed at that time.