EHang Reports Third Quarter 2021 Unaudited Financial Results

– Continued with Over 60% High Gross Margin
– EHang 216 Type Certification Progresses Well
– About 2,800 Operational Trial Flights Conducted under 100 Air Mobility Routes Initiative
– Expanded Partnerships Internationally in Building UAM Ecosystem

EHang 216 Autonomous Aerial Vehicle Completes Debut Flight Demo in Bali, Indonesia

The world’s leading autonomous aerial vehicle (“AAV”) EHang 216 completed its debut flight demonstration for aerial sightseeing in the world-famous tourism hotspot of Bali, Indonesia. This demonstration flight was conducted under EHang’s cooperation with an Indonesian local partner Prestige Aviation, a subsidiary of Prestige Corp.

EHang and Shenzhen Expressway to Jointly Develop Smart City Transportation Network

GUANGZHOU, China, Oct. 22, 2021 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that it has reached a strategic partnership with Shenzhen Expressway Operation and Development Company Limited, one of subsidiaries of Shenzhen Expressway Company Limited (“Shenzhen Expressway”).

Chinese Premier Visited EHang Exhibition Booth at the China Import and Export Fair

The 130th China Import and Export Fair (“Canton Fair”) officially kicked off on October 14th in Guangzhou, Guangdong Province, China. Chinese Premier Li Keqiang was in attendance at the opening ceremony and visited the exhibition booth of EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company. Mr. Huazhi Hu, Founder, Chairman and CEO of EHang, introduced the Company’s self-developed autonomous air mobility solutions to the Premier, demonstrating its smart, safe, efficient, convenient, and eco-friendly advantages and innovative use cases in various scenarios such as tourism, logistics, firefighting, emergency rescue, and more.

EHang and Spanish National Police Collaborate to Explore AAV Use Cases in Emergency and Security Missions

EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that it collaborates with the Spanish National Police to explore potential use cases for AAVs in emergency and security missions. At yesterday’s Press Day of Expodronica at World Air Traffic Management Congress, EHang made the first public exhibition of the EHang 216 passenger-grade AAV in Spain at the Cuatro Vientos Aerodrome in Madrid.

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