Achieved Record High Quarterly Gross Margin Again
• EHang 216 AAV’s CAAC Type Certification Process Prioritized
• Released VT-30 Long-Range Passenger-grade AAV
• Completed EHang 216F’s Technical Examination for Commercialization
• Commenced Operations of New Yunfu Production Facility
While Western manufacturers are still only at the prototype stage, China’s Ehang is already producing the Ehang 216 and VT30 air taxis in full production at its Yunfui factory.
EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announces the cancellation of the EHang Yunfu Investor Day due to the latest tightening COVID-19-related travel and group gathering restrictions by the local governmental authorities following the recent Delta variant outbreak in China.
Flying cars and drone taxis driving in orderly queues are still to come, but the moment is approaching when these vehicles will become a normal part of urban transport. But a recent international study by KPMG shows that the conditions are in place to make this vision a reality.
(“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2021 and the second quarter ended June 30, 2021 on Wednesday, August 25, 2021, before the U.S. market opens.
The latest generation of urban transport is the eVTOL (electric vertical take-off and landing aircraft) air taxis, which will be a revolutionary tool in metro stations, and already many start-up companies are announcing their future air taxi plans. There is huge competition between companies to be the first to bring the new eVTOL to market.