EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), a trailblazer in Urban Air Mobility (UAM) technology, recently unveiled its preliminary revenue results for Q4 and fiscal year 2024. These figures underline the company’s robust growth and reaffirm its pioneering role in revolutionizing urban transportation. The unprecedented growth trajectory reflects EHang’s strategic foresight and the accelerating global adoption of advanced aerial mobility solutions.
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 on Thursday, August 22, 2024, before the U.S. market opens.
Volocopter’s evtol made its first live flight near Paris in November, and it is hoped that it will be able to carry passengers commercially over shorter distances in 2024, the year of the Paris Olympics.
The founder of the company, Csao Tölinek, expects that mass production of these vehicles could begin as early as 2024, and believes that flying cars will soon become a major mode of transportation, revolutionizing the way people travel.
Thirty companies are involved in testing the aircraft that will be essential to Paris’ traffic during the event, according to the vice-president of the Île-de-France region. Regular eVTOL passenger transport routes and infrastructure are planned to be deployed in France in time for the 2024 Paris Olympics, and preparations will start soon, according to the airport operator Group ADP.
There may be problems with regulation. The timing of when flying cars will be able to fly, and when they might be regulated, varies,” says Hugh Martin, who helps cities develop transport policies at Lacuna Technologies. Several car companies are already developing aerial vehicles, according to the CNBC article. These include Chinese electric car maker Xpeng and Fiat Chrysler.
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