EHang Secures Major Partnership with Wencheng County for Expansive Urban Air Mobility Initiative

EHang
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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 Secures RMB113 Million Order for 50 Units of EH216-S Pilotless eVTOLs from Xishan Tourism to Jointly Promote Low-Altitude Economy in North China

EHang is steadily advancing production and delivery of EH216-S pilotless eVTOL
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In a groundbreaking move poised to redefine urban air mobility and the low-altitude economy in North China, EHang Holdings Limited, a pioneer in the field, has announced a significant partnership with Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. This collaboration not only underscores the rapid advancements in pilotless electric vertical takeoff and landing (eVTOL) technology but also marks a substantial investment aimed at transforming the aerial tourism and passenger transportation sectors in Taiyuan City, Shanxi Province.