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.