EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced its strategic partnership (“Partnership”) with Aerotree Flight Services Sdn. Bhd. (“AEROTREE”), a subsidiary of Malaysia’s leading aviation company AEROTREE Group, to jointly develop urban air mobility (“UAM”) business, including Maintenance, Repair and Overhaul (“MRO”) and training, in Malaysia. Pursuant to the Partnership, AEROTREE has placed the largest pre-order for EHang’s electric passenger-grade AAVs in Malaysia for 50 units of the EH216 series, which includes the EH216-S1, EH216-L, and EH216-F, as well as 10 units of the VT-30, EHang’s long-range eVTOL. Prior to it, AEROTREE has purchased one unit of the EH216-S AAV from EHang.
Dato’ Halim Bin Othman, Managing Director of AEROTREE Group, said, “We are very excited about our strategic partnership with EHang to introduce the world’s leading safe, sustainable and autonomous aerial vehicles to the Malaysian market. Leveraging our full spectrum of capabilities and partnerships that span from MRO to training, we eagerly anticipate using EHang AAVs for Malaysia’s UAM projects and civil aviation.”
Mr. Huazhi Hu, Founder, Chairman and CEO of EHang, said, “We are pleased to enter the Malaysian market and increase our presence there through our cooperation with AEROTREE. Our comprehensive AAV products and solutions are well suited to a variety of intracity and intercity UAM use cases in Malaysia, such as passenger transportation, aerial sightseeing, aerial firefighting and aerial logistics. The rising demand and pre-orders for a large number of our passenger-grade AAVs from Japan and Malaysia will unleash great market potential for EHang in Asia.”
AEROTREE was established in 1998 and is a wholly owned local Malaysian company that is active and experienced, especially in the field of Aerospace and Aviation Special Training, Technology Development Aerospace, Maintenance, Repair & Overhaul (“MRO”) and other development & related services in the Aerospace and Aviation industry. AEROTREE has an Air Service Permit (“ASP”) license issued by the Malaysian Aviation Commission to enable the flight of aircraft to be performed in Malaysian airspace. AEROTREE is an Authorized Maintenance Organization (“AMO”) approved by the Malaysian State Technical Airworthiness Authority and the Civil Aviation Authority of Malaysia.