EHang Holdings Limited reported its unaudited financial results for the second quarter of 2024, showcasing significant achievements and growth.
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.
GUANGZHOU, China, June 21, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), a global leader in urban air mobility (“UAM”) technology, has announced a groundbreaking partnership with the government of Wencheng County, Wenzhou City, Zhejiang Province. This collaboration aims to develop a comprehensive UAM ecosystem and support the growth of the low-altitude economy. As part of this partnership, Wencheng County Transportation Development Group Co., Ltd. has committed to purchasing 30 units of the EH216-S aerial vehicle, with a 50% pre-delivery down payment already made. Additionally, they have plans to acquire another 270 units by the end of 2026, supported by a non-refundable deposit.
EHang, a Chinese eVTOL (electric vertical take-off and landing) manufacturer, has made remarkable strides in the urban air mobility (UAM) sector. Their latest achievement, the EH216-S, represents a significant advancement in pilotless aerial transportation. This autonomous, two-seater air taxi, capable of carrying passengers without the need for a pilot, marks a new era in urban travel.
The 5G Intelligent Air Mobility Experience Center launches in Guangzhou as a new operation spot under EHang’s 100 Air Mobility Routes Initiative.
EHang and Guangzhou Development District Communications Investment Group establish a joint venture for local UAM route planning and AAV operations.