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EHang Holdings Ltd

EHang Holdings Ltd (EH)

12.29
0.33
( 2.76% )
Updated: 11:31:59

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Key stats and details

Current Price
12.29
Bid
12.27
Ask
12.29
Volume
197,451
12.17 Day's Range 12.42
0.00 52 Week Range 0.00
Market Cap
Previous Close
11.96
Open
12.37
Last Trade
1
@
12.2913
Last Trade Time
11:32:16
Financial Volume
$ 2,429,874
VWAP
12.3062
Average Volume (3m)
-
Shares Outstanding
63,505,741
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
123.66M
Net Profit
-302.34M

About EHang Holdings Ltd

EHang Holdings Ltd is an autonomous aerial vehicle (AAV) technology platform company. It focuses on making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passeng... EHang Holdings Ltd is an autonomous aerial vehicle (AAV) technology platform company. It focuses on making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility industry, it continues to explore the boundaries of the sky to make flying technologies benefit life in smart cities. Show more

Sector
Aircraft Parts, Aux Eq, Nec
Industry
Air Transport, Scheduled
Website
Headquarters
Grand Cayman, Cym
Founded
2020
EHang Holdings Ltd is listed in the Aircraft Parts, Aux Eq sector of the NASDAQ with ticker EH. The last closing price for EHang was $11.96. Over the last year, EHang shares have traded in a share price range of $ 0.00 to $ 0.00.

EHang currently has 63,505,741 shares outstanding. The market capitalization of EHang is $759.53 million.

EH Latest News

Brazil and China Strengthen Cooperation on Civil Aviation Airworthiness: EHangโ€™s EH216-S Pilotless eVTOL Obtains Experimental Flight Authorization Certificate from Brazilโ€™s National Civil Aviation Agency

GUANGZHOU, China, Sept. 16, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading Urban Air Mobility (โ€œUAMโ€) technology platform company...

EHang Strongly Refutes False Allegations, Clarifies Misinformation Causing Stock Volatility

GUANGZHOU, China, Sept. 04, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

EHang Reports Second Quarter 2024 Unaudited Financial Results

Quarterly Revenues Up 919.6% YoY, Highest Growth Rate in Company HistoryAchieved Quarterly Adjusted Net Income3 (non-GAAP)Maintained Positive Operating Cash Flow for the Third Consecutive...

EHang to Report Second Quarter 2024 Unaudited Financial Results on Thursday, August 22, 2024

GUANGZHOU, China, Aug. 12, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

First Batch of EHangโ€™s EH216-S Delivered to Xishan Tourism and Completed Debut Passenger-Carrying Flights in Taiyuan

GUANGZHOU, China, July 29, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

EHang's Pilotless eVTOL Air Operator Certificate Application Accepted by CAAC

GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

EHang Partners with KC Smart Mobility to Advance EH216-S Pilotless eVTOL Sale and Operation in Hong Kong and Macau

GUANGZHOU, China, July 19, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

EHang and China Southern Airlines General Aviation Forge Strategic Partnership to Pioneer Pilotless eVTOL Collaborative Operations for Low-Altitude Economy

GUANGZHOU, China, July 01, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

EHang Delivers 27 Units of EH216-S to Wencheng County and Completes First Passenger-Carrying Flight in Wencheng

GUANGZHOU, China, June 25, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company...

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EH Discussion

View Posts
NMBR1 NMBR1 3 days ago
EHang Holdings' Pilotless Electric Vertical Take-Off and Landing Aircraft Gets Approval for Test Flights in Brazil
09/16/2024 | 10:41am
(MT Newswires) - EHang Holdings (EH) said Monday it has received an experimental flight authorization certificate from Brazil's National Civil Aviation Agency for its EH216-S pilotless electric vertical take-off and landing aircraft system.
The company and its local partner and operator Gohobby plan to conduct test and trial flights for the aircraft in Brazil, EHang added.
Shares of the company fell 2.4% in recent Monday trading.
Price: 11.86, Change: -0.29, Percent Change: -2.39
© MT Newswires 2024
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NMBR1 NMBR1 1 week ago
09/12/2024 | 09:15am

EHang Joins Spainish Prime Minister's China Visit to Boost Bilateral Cooperation and Global Development



From September 8th to 11th, Spanish Prime Minister Pedro Sanchez visited China. In Beijing, President Xi Jinping and Prime Minister Pedro Sanchezย committed to deepening and expanding cooperation across sectors, emphasizing mutual benefitย and collaboration in the green economy and high technology.ย Mr. Hu Huazhi, Founder, Chairman, and CEO of EHang, and Ms. Victoria Xiang, COO of EHang Europe and Latin America, were invited as corporate representatives to attend and speak at the Bilateral Business Advisory Council Meeting and the China-Spain Business Forum, jointly organized by both countries.
ย 

Mr. Hu stated, "We are very pleased to welcome Prime Minister Pedro Sanchez to Chinaย and it is a privilege to gather with leaders and top enterprises from both nations to discuss China-Spainย cooperation and outline theย path forward.ย As a leader in the technological landscape of new quality productivity forces, EHang is driven by a global vision. We are committed to drivingย international growth and leading the global transformation towards eco-friendly urban air mobility."
ย 

ย 
Mr. Hu was recently awarded the Knight of Orden del Camino de Santiago by Spain.ย Mr. Hu also emphasized the significance of EHangโ€™s European Urban Air Mobility (UAM) Center, (located in Spain) which serves as Europeโ€™s first urban air mobility center, extending its reach to Europe, Latin America, and Africa. EHang will actively foster China-Spainย cooperationย of green transportation, and drive the development of sustainable urban air mobility and the low-altitude economy worldwide.
ย 

ย 
Ms. Victoria Xiang, COO of EHang Europe and Latin America, highlighted Spainโ€™s pivotal role as a key EU economy, strategically positioned with geographic and cultural advantages that connect Europe, Latin America, and Africa. EHang has proactively built strong partnerships with government ,Civil Aviation Administration, and industry-leading companies across multiple countries. The company is committed to advancing sustainable, innovative urban air mobility solutions in Spain and throughout Europe. EHang aims to strengthen its global presence, expand into new markets, and make autonomous, eco-friendly urban air mobility accessible worldwide.
ย 

ย 
In Spain, EHang has forged strategic alliances with the Spanish National Police, national air navigation service provider ENAIRE, the cities of Seville and Zaragoza, the world's leading airport operator AENA, Cataloniaโ€™s Aeroports de Catalunya, and international telecommunications leader Telefรณnica etc. EHang is also an active participant in the European Commissionโ€™s Single European Sky initiative (SESAR Joint Undertaking) and the European Union Agency for the Space Programme (EUSPA) projects.
ย 

ย 
ย 
About EHang
EHang (Nasdaq: EH) is the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (โ€œUAVโ€) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHangโ€™s EH216-S has obtained the worldโ€™s first type certificate, production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.


https://www.ehang.com/news/1115.html












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NMBR1 NMBR1 4 weeks ago
Air Operator Certificates In Process

https://www.ainonline.com/aviation-news/futureflight/2024-08-22/increased-evtol-aircraft-deliveries-boost-ehangs-bottom-line

FINANCE, TAXES, INSURANCE Increased eVTOL Aircraft Deliveries Boost EHang's Bottom Line 49 of its two-seat autonomous aircraft were delivered in the second quarter of 2024 EHang recently delivered the first of 10 EH216-S eVTOL aircraft ordered by Xishan Tourism in China.
By Charles Alcock โ€ข Managing Editor

EHang has achieved its highest number of deliveries to date with its two-seat EH216-S autonomous eVTOL aircraft. Reporting financial results for the second quarter, the Chinese company said it delivered 49 vehicles in the three months to June 30, which was almost twice the 26 it recorded in the first quarter of this year.

Deliveries of the aircraft that achieved type certification with the Civil Aviation Administration of China (CAAC) in October 2023 were a big boost to EHangโ€™s revenues. These reached RMB 102 million ($14 million) in the second quarter, which was a 65.3% increase over the first three months of this year.

The ramp-up in cash flow, which was positive for the third successive quarter, helped the company to reduce its net loss by 5.4% to RMB 71.6 million, albeit with its operating loss increasing by 2.8% to RMB 77.4 million. As of June 30, its cash reserves stood at RMB 988.2 million. The company reported that it raised a further RMB 554.1 million through an equity offering, which has now closed.

Air Operator Certificates In Process

During the second quarter, EHang received its production certificate from the CAAC, allowing it to increase manufacturing rates. In July, the CAAC accepted the application for an air operator certificate (AOC) submitted jointly by EHang General Aviation and its partner Hefei Heyi Aviation.

The company reported that it expects to secure the approval it needs to expand pilotless commercial flights later this year, and said that other customers and partners are now preparing AOC applications. Under special permits, EHang has been able to conduct public demonstration flights, including some with passengers on board.

In recent months, the Guangzhou-based manufacturer logged new EH216-S orders from Chinese customers including Xishan Tourism and the government of Wencheng County in Zhejiang province. It has also reported various conditional purchase plan agreements for the aircraft, with the latest of these being with KC Smart Mobility for tourism services in Hong Kong, Macau, and Hubei province.

โ€œWe are committed to launching commercial operations of the EH216-S in the near future, which will usher in a new phase of growth focused on intra-city mobility,โ€ said EHangโ€™s founder, chairman, and CEO Huazhi Hu. โ€œAt the same time, we will meet diversified urban air mobility demand through ongoing research, development, and testing of advanced technologies, upgraded components, and new models, such as our lift-and-cruise [VT-30] eVTOL designed for inter-city mobility.โ€
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NMBR1 NMBR1 4 weeks ago
What It's Like Inside a Flying Car in China
08/22/2024 | 05:05am

Flying cars, once thought to be the stuff of science fiction, are becoming a reality, particularly in New York, where companies are planning to link the city centre to airports in just a few minutes. In China, the Ehang company is aiming to launch the first commercial unmanned flying taxi this year, a market that Morgan Stanley estimates has a trillion-dollar potential.
Bloomberg's Colum Murphy tested one of these prototypes and describes the experience as initially frightening. He says that the vehicle's almost spider-like appearance may seem unsettling at first, but over time a sense of stability and security sets in. He stresses that acceptance of this means of transport will depend on the personality and risk profile of each individual, and manufacturers will have to convince people of the safety of these devices.

https://www.bloomberg.com/news/videos/2024-08-22/what-it-s-like-inside-a-flying-car-in-china-video
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NMBR1 NMBR1 4 weeks ago
EHang to Report Second Quarter 2024 Unaudited Financial Results on Thursday, August 22, 2024
EHang Holdings LimitedAugust 12, 2024 07:16 ET

https://www.globenewswire.com/en/news-release/2024/08/12/2928289/0/en/EHang-to-Report-Second-Quarter-2024-Unaudited-Financial-Results-on-Thursday-August-22-2024.html

GUANGZHOU, China, Aug. 12, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) 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.

EHangโ€™s management team will host an earnings conference call at 8:00 AM on Thursday, August 22, 2024, U.S. Eastern Time (8:00 PM on Thursday, August 22, 2024, Beijing/Hong Kong Time).

To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call.

Participant Online Registration:
https://register.vevent.com/register/BI8300d14a79504787971960179ac911c3

A live and archived webcast of the conference call will be available on the Companyโ€™s Investors Relations website at http://ir.ehang.com/.

About EHang
EHang (Nasdaq: EH) is the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (โ€œUAVโ€) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHangโ€™s EH216-S has obtained the worldโ€™s first type certificate, production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

Safe Harbor Statement
This press release contains statements that may constitute โ€œforward-lookingโ€ statements pursuant to the โ€œsafe harborโ€ provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as โ€œwill,โ€ โ€œexpects,โ€ โ€œanticipates,โ€ โ€œaims,โ€ โ€œfuture,โ€ โ€œintends,โ€ โ€œplans,โ€ โ€œbelieves,โ€ โ€œestimates,โ€ โ€œlikely toโ€ and similar statements. Statements that are not historical facts, including statements about managementโ€™s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond managementโ€™s control. These statements involve risks and uncertainties that may cause EHangโ€™s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Investor Contact: ir@ehang.com
Media Contact: pr@ehang.com
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NMBR1 NMBR1 1 month ago
Aug. 12, 2024 3:29 AM ET

China trials cargo
drones, air taxis as low-altitude economy gains speed

https://finance.yahoo.com/news/china-test-flies-biggest-cargo-035315624.html
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NMBR1 NMBR1 1 month ago
Aug. 5, 2024 5:30 AM ET โ€ข 2 min read

Chinese EV battery maker CATL invests in
'flying car' developer
AutoFlight

https://finance.yahoo.com/news/chinese-ev-battery-maker-catl-093000077.html
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NMBR1 NMBR1 2 months ago
EHang Holdings Seeking
Final Certifications From Chinese
Authorities to Begin Air-Taxi Service
MT Newswires
Jul. 22, 2024 1:07 PM ET โ€ข 1 min read

EHang Holdings (EH) said Monday that the aviation regulators in China have started final reviews of the company's pilotless electric vertical takeoff and landing passenger vehicle needed for the air-taxi company to begin commercial operations after accepting its air operator certificate applications.

The Civil Aviation Administration of China accepted applications submitted by eHang's unit and its joint venture with Hefei Heyi Aviation initiating its formal review, the partners said. The agency previously assembled a specialized crew to examine the air taxi as well as consider other guidelines to best manage low-altitude airspace, they said.

Pending final certifications, EHang is expecting to launch its air-tax service in several cities. The company late last week also signed a sales agreement for 30 of its EH216-S air passenger vehicles with the subsidiary of Kwoon Chung Bus Holdings, the largest non-franchised bus operator in Hong Kong.

EHang shares were trading more than 3% higher in recent trading.
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NMBR1 NMBR1 2 months ago
EHang's Pilotless eVTOL Air Operator Certificate Application Accepted by CAAC
July 22, 2024 10:30 ET??GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (โ€œEHangโ€ or the โ€œCompanyโ€) (Nasdaq: EH), the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company, today announced that the Civil Aviation Administration of China (โ€œCAACโ€) has formally accepted the Air Operator Certificate (โ€œAOCโ€ or โ€œOCโ€) applications submitted by Guangdong EHang General Aviation Co., Ltd. (โ€œEHang General Aviationโ€), the Companyโ€™s wholly-owned subsidiary specializing in UAM operation services, and Hefei Heyi Aviation Co., Ltd. (โ€œHeyi Aviationโ€), its joint venture company in Hefei. This marks the commencement of the review process for the applicantsโ€™ business license and operational qualification for pilotless passenger-carrying aerial vehicles, with consensus reached on review procedures, subjects, and frameworks. The CAAC has established a specialized review team to move forward the subsequent review process.

As the world's first project for the OC of pilotless passenger-carrying electric vertical takeoff and landing ("eVTOL") aircraft, this milestone is paving the way for the establishment of the world's first commercial operation standard system for passenger-carrying eVTOL, which will lay a solid foundation for the commercial operation of EHang's EH216-S. In addition to EHang General Aviation and Heyi Aviation, EHang's partners in Guangzhou, Shenzhen, Taiyuan, and Wuxi are also

Similar to the previous type certification process, the OC certification for EH216-S pilotless passenger-carrying aerial vehicle cannot directly follow the existing standards in civil aviation field, but rather requires innovation and improvement based on current regulations to establish a new and applicable standard. In March, the CAAC issued a Consultation Notice on the Application and Issuance of Operator Certificate under the Civil Aviation Regulations Part 92, aiming to ensure a smooth implementation of the Rules on the Safety Management of Civil Unmanned Aircraft (CCAR-92) . It clarifies the OC application procedures and requirements, standardizes the scope and key points of operational safety assessments, and refines operational management requirements. Leveraging EHangโ€™s extensive operational data and practical experience, the Company is actively collaborating with the CAAC to develop EH216-S operational standards, which will provide a reference basis for the world's first commercial operation regulatory system for pilotless passenger-carrying eVTOLs.

In May of this year, the group standard "Technical Requirements for eVTOL Aircraft Landing Sites", primarily drafted and initiated by EHang, was released. This standard provides clear guidelines on the technical parameters of eVTOL aircraft landing sites, including physical characteristics, obstacle limitations, site selection, structural design, and specialized facilities. As China's first technical specification for eVTOL aircraft landing sites, it will serve as a reference basis for the development of eVTOL industry standards in China and will also make a significant contribution to commercial operations of EHang eVTOLs.

Recently, Song Zhiyong, CAAC Administrator, stated that China's low-altitude economy is entering a new phase of rapid growth. As the industry regulatory authority, the CAAC will prioritize five key areas of focus, including the construction of unmanned aerial vehicle (โ€œUAVโ€) demonstration zones, the development of airworthiness certification capabilities, the certification of OC, planning and construction of airport facilities, and the establishment of low-altitude flight service support system.

Huazhi Hu, Founder, Chairman and CEO of EHang, commented, โ€œWe are collaborating with the CAAC to establish a new operation system for pilotless aerial vehicles, which will once again achieve a breakthrough in the global civil aviation industry. The formal acceptance of the world's first pilotless passenger-carrying eVTOL OC application has significant implications for the eVTOL industry. From obtaining the world's first type certification, production certificate, and standard airworthiness certificate for a pilotless passenger-carrying eVTOL, to enter into OC certification, we are pleased to have received high recognition from the CAAC and are one step closer to realizing our goal of commercial operation of unmanned passenger-carrying aerial vehicles, representing the final step for urban air mobility entering the consumer market. We look forward to the issuance of the world's first commercial operation standard and the first OC for pilotless passenger-carrying eVTOL , which will bring low-altitude economy accessible to the public."

About EHang
EHang (Nasdaq: EH) is the worldโ€™s leading urban air mobility (โ€œUAMโ€) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (โ€œUAVโ€) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHangโ€™s EH216-S has obtained the worldโ€™s first type certificate, production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

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NMBR1 NMBR1 2 months ago
EHang Collaborates with KC Smart Mobility to Enhance Sales of Autonomous eVTOL in Hong Kong, Macau, and China AInvest Fri, Jul 19, 2024 ET




EHang Holdings has signed a deal with KC Smart Mobility to advance the sale and operation of its EH216-S pilotless eVTOL aircraft in Hong Kong, Macau, and two cities in China. KC Smart Mobility aims to buy 30 EH216-S units from EHang. This partnership underscores the growing interest in eVTOL transportation as a sustainable mobility solution. The urban air mobility (UAM) sector is witnessing significant growth, with EHang Holdings (Nasdaq: EH) leading the way in this innovative industry. Recently, the company signed a deal with KC Smart Mobility, a leading mobility solutions provider, to expand the sales and operation of EHang's EH216-S pilotless electric vertical takeoff and landing (eVTOL) aircraft in Hong Kong, Macau, and two cities in China [1]. This strategic partnership underscores the increasing interest in EVtol transportation as a sustainable mobility solution. KC Smart Mobility aims to purchase 30 units of EH216-S aircraft from EHang, marking a significant step forward in the deployment of these innovative vehicles. The total contract price for these units is expected to reach RMB113 million (USD15.6 million) [1]. Furthermore, KC Smart Mobility has signed a purchase plan agreement for an additional 450 units over the next two years. This collaboration between EHang and KC Smart Mobility is not limited to sales. The companies plan to work together to establish command-and-control centers, marketing and exhibition centers, operations centers, after-sales service centers, research institutes, and other necessary infrastructure to support the growth of the UAM industry in these regions [1]. The strategic location of the partnership is noteworthy, as Hong Kong, Macau, and the two unnamed cities in China have significant potential for UAM adoption. Hong Kong, in particular, is known for its dense population and limited land space, making EVtol transportation an attractive solution for reducing traffic congestion and improving overall mobility [2]. Moreover, the Chinese government is actively promoting the development of the general aviation industry, with Shanxi Province being designated as a national demonstration province for this purpose [1]. Taiyuan City, one of the national civil unmanned aviation demonstration zones, is expected to benefit significantly from the growth of the UAM industry in the region [1]. In conclusion, the partnership between EHang and KC Smart Mobility represents a significant milestone in the deployment of EVtol transportation in Hong Kong, Macau, and China. With the potential to reduce traffic congestion, improve overall mobility, and promote sustainable transportation solutions, this strategic collaboration is expected to have a positive impact on the growth of the UAM industry in these regions. References: [1] EHang Secures RMB113 Million Order for 50 Units of EH216-S Pilotless Electric Vertical Takeoff and Landing Aircraft from Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (Xishan Tourism). (2024, May 31). Retrieved August 18, 2024, from https://ir.ehang.com/news-releases/news-release-details/ehang-secures-rmb113-million-order-50-units-eh216-s-pilotless [2] The Future of Urban Air Mobility in Hong Kong. (2022, October 12). Retrieved August 18, 2024, from https://www.forbes.com/sites/forbestechcouncil/2022/10/12/the-future-of-urban-air-mobility-in-hong-kong/?sh=79e00c75782e





How does the collaboration between EHang Holdings and KC Smart Mobility benefit EHang's sales of autonomous eVTOL in Hong Kong, Macau, and China? The collaboration between EHang Holdings and KC Smart Mobility is expected to benefit EHang's sales of autonomous eVTOL in Hong Kong, Macau, and China. With the addition of KC Smart Mobility as a partner, EHang can leverage its expertise and resources to enhance the sale and operation of its eVTOL aircraft. This collaboration will likely result in increased market demand for EHang's product, leading to higher sales revenues. Additionally, by joining forces with KC Smart Mobility, EHang can potentially expand its market share and strengthen its position in the competitive eVTOL transportation industry.
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make it happen make it happen 6 months ago
Really is! They're losing hundreds and hundreds of millions with total revenue of only 8 mil. 1.13 billion market cap and unaudited financials...
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Stock_Up_Stock_Down Stock_Up_Stock_Down 10 months ago
Nate Anderson is the death rattle. This will be sub one dollar in no time.
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lucky, mydog lucky, mydog 10 months ago
EHang: Hollow Order Book And Fake Sales Make This China-Based eVTOL Company Last In Line For Takeoff
Published on November 7, 2023

https://hindenburgresearch.com/ehang/
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spindog spindog 2 years ago
News of Another 100 units sold and the stock still fails to go up โ€ฆ. What gives?
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OneDay4488 OneDay4488 3 years ago
Astro Aerospace Announces Horizon Aircraft's 200th Successful eVTOL Flight

Source: InvestorsHub NewsWire


Astro Aerospace Announces Horizon Aircraft's 200th Successful eVTOL Flight
Horizon continues test flights of the Cavorite X5's sub-scale prototype as it prepares for Astro's acquisition

Dallas, Texas โ€“ March 18, 2021 -- InvestorsHub NewsWire -- Astro Aerospace (OTCQB: ASDN) ("Company" or "Astro"), a leading manufacturer of electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today that more than 200 test flights have been successfully completed on a sub-scale prototype of the Cavorite X5, a five-seater hybrid-electric eVTOL. Horizon Aircraft ("Horizon"), a Canadian company leading in the global aerospace industry, has designed, engineered and overseen all testing of the Cavorite X5.

On February 18, Astro announced it has entered into an agreement to acquire Horizon to accelerate Astro's Alta and Elroy programs, one of the first modern eVTOL aircraft to fly with people on board. Astro's existing roots in the industry and high-calibre expertise, combined with Horizon's engineering competencies, is expected to position the Company to be one of the leaders in the eVTOL market. Astro expects to complete the acquisition of Horizon in April.

The primary objective for the sub-scale eVTOL prototype's test flights is to verify aerodynamics, control systems and transition flight. The Cavorite X5 features fully autonomous self-learning auto pilot software and an array of specialized 3D-printed lifting fans in the wings that provide additional thrust for vertical takeoff and landing. For vertical flight, the wing surfaces retract to open its ducted fans before closing again, maximizing the craft's aerodynamic efficiency.

Horizon Co-Founder and CEO Brandon Robinson stated, "Completing more than 200 test flights is extremely exciting for the entire teams at both Horizon and Astro. Soon, our merged company will have the, capital and resources to bring our extensively tested Cavorite to-market, offering urban centers a reliable, comfortable and high-efficiency eVTOL."

The full-scale Cavorite X5, which will travel up to an estimated 450 km/h with a 500-kilometre range, is designed for reduced hydrocarbon emissions, poor weather, traffic avoidance, and low-time pilots. The patented fan-in-wing allows the Cavorite to be the world's first eVTOL that can fly the majority of its mission exactly like a normal aircraft.

"The testing of the Cavorite X5's sub-scale prototype has exemplified to the global eVTOL market that Horizon's engineered design is the new standard," said Astro CEO Bruce Bent. "The soon-to-be completed acquisition of Horizon is expected to add tremendous value to the combined entity as we move towards the expected commercial launch of the X5 into the growing $46.7 Billion eVTOL aircraft market."



About Astro Aerospace
Astro Aerospace is the developer of the world's most advanced, autonomous, short haul, eVTOL (Electric Vertical Takeoff and Landing) aerial vehicles.

Our mission is to make self-flying unmanned and manned vehicles available to anyone, at any time, from anywhere, and to turn this new and exciting aircraft into a mainstream mode of transportation.

Our vision is "Flight Made Easy".

Visit www.flyastro.com for more information.

About Horizon Aircraft Inc.
Horizon Aircraft is an advanced aerospace engineering company that has developed the world's first eVTOL that can fly the majority of its mission exactly like a normal aircraft. This has resulted in industry-leading speed, range, and operational utility. Our unique designs place the mission first and prioritize safety, performance, and utility. Our Cavorite X5 eVTOL will enter the market quickly and will service a broad spectrum of early use-cases that will generate revenue immediately. Our mission is to produce an eVTOL for real-world applications that provides a safe, efficient and sustainable mode of aerial transport.
Visit www.horizonaircraft.com for more information.


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doinit doinit 4 years ago
EH,,,only 32,017,287shares in this company
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Roadtojourney Roadtojourney 4 years ago
Ofcourse in my own opinion
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Roadtojourney Roadtojourney 4 years ago
Yup no matter what they do wolfpack is shorting this a lot seems like.
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Roadtojourney Roadtojourney 4 years ago
Poor guys they keep releasing news but the pps keeps going down? Imo
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Foontik1 Foontik1 4 years ago
Need to pump EH (Ehang) and cripple Wolfpack for praying on these stocks !!! help pump EH like GME and make $$$$$
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Foontik1 Foontik1 4 years ago
EH all the way !!! Video proof of flight ! Buy buy buy
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OneDay4488 OneDay4488 4 years ago
EH has competition? ASTRO Aerospace is the ONLY public pure play company globally that has a functioning technology in a working, full-scale prototype.
ASTROโ€™s vision is โ€œFlight Made Easyโ€, to build and distribute the safest, most reliable and efficient autonomous, electric vertical take-off and landing (eVTOL) vehicles for the world market. https://dailytrendingstocks.com/astro-aerospace-ltd-asdnd-the-undiscovered-high-flying-tech-company/.
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$ubmachine $ubmachine 4 years ago
The first test flight with the autonomous flight taxi EHang 216 was successfully carried out - watch vid from FACC AG, https://www.facc.com/en which produces Ehang flight taxi!
https://www.facebook.com/faccag/videos/der-erste-testflug-mit-dem-autonomem-flugtaxi-ehang-216-wurde-erfolgreich-auf-un/4700835156653490/?__so__=permalink&__rv__=related_videos
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Pedro2004 Pedro2004 4 years ago
I thought this would have bounced back. But now I'm getting second thoughts.
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Sage7243 Sage7243 4 years ago
I am never able to click on these links on the app.
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ClayTrader ClayTrader 4 years ago
* * $EH Video Chart 02-17-2021 * *

Link to Video - click here to watch the technical chart video

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$ubmachine $ubmachine 4 years ago
Great answer to short seller attack: A Brief Explanation on EHangโ€™s Mission, Technological Advancements and Why the Short-Seller is Wrong:
https://ir.ehang.com/news-releases/news-release-details/how-ehang-pioneers-future-urban-air-mobility
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OneDay4488 OneDay4488 4 years ago
Agree
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Jess070283 Jess070283 4 years ago
Buy the dip!$$$
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CyrusDaVirus CyrusDaVirus 4 years ago
Fock
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$ubmachine $ubmachine 4 years ago
EH @$78 = Nexxxt TSLA ground floor !!!
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$ubmachine $ubmachine 4 years ago
Why EHang Holdings Stock Is Flying High Again Today
https://www.fool.com/investing/2021/01/13/why-ehang-holdings-stock-is-flying-high-again-toda/
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$ubmachine $ubmachine 4 years ago
ok, 428% since my initial posting...! You are missing the next TSLA similar story ....!
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$ubmachine $ubmachine 4 years ago
EH vid demo: EHang AAVs in Flood Emergency Response Exercise of Shaoguan City in China
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$ubmachine $ubmachine 4 years ago
EHang Applies AAVs in Flood Emergency Response Exercise in China
April 28 2020 - 08:40AM
GlobeNewswire Inc.

EHang Holdings Limited (Nasdaq: EH) (โ€œEHangโ€ or the โ€œCompanyโ€), the world's leading autonomous aerial vehicle (โ€œAAVโ€) technology platform company, announced its successful participation in a flood emergency response exercise recently organized by the local government in Shaoguan, China. In this exercise, EHang had fully demonstrated the real application of its AAV technologies in an emergency situation. The large-scale AAV operations were conducted efficiently and autonomously, in a centralized mode. This further exemplifies the use case of smart city management.

In order to effectively prepare for the upcoming flood season, the exercise simulated a scenario of bank collapse of the Wujiang River, which threatened the safety of the township and its schools. In this exercise, the local authorities promptly launched the alert and carried out ten measures to combat the flood, including transferring people at risk, sending an emergency rescue team, rescuing drowning people with boats and delivering relief supplies, etc.

As a supporting partner, EHang responded quickly by sending ten remotely-managed AAVs to four emergency sites. Controlled from a remote command-and-control center, EHang AAVs livestreamed the process of emergency repair, flood discharge, and staff transfer via built-in high definition cameras. Furthermore, EHang AAVs were able to accurately drop life jackets and other relief materials to the victims, which was one of the critical emergency response capabilities needed for flood relief.

During the exercise, EHang demonstrated the technical advantages of preset routes and centralized management of its AAVs, which can be equipped with different task modules and connected with the command-and-control center in real-time through 4G or 5G networks. EHang provided strong support for local authorities to exchange real-time information and make timely decisions in the face of fast-changing situations during a flood, thereby greatly improving the effectiveness of an emergency reaction.

The related video is accessible at .

โ€œIn the future, city management will be more intelligent, integrated and data-oriented. I am thrilled that EHang joined hands with the Shaoguan city government to lead this trend of smart city management. We will continue to contribute our technological advantages toward building Shaoguan as a model of a smart city utilizing comprehensive AAV applications,โ€ said Mr. Hu Huazhi, the Founder, Chairman and CEO of EHang.

EHang formed a strategic partnership with the Shaoguan government in October 2017, in order to develop an AAV command-and-control center. So far, EHang has worked with both the Public Security Bureau and the Health Bureau to utilize its AAVs for emergency response and epidemic prevention after floods and typhoons, which greatly improves the government's management of emergency situations.

In 2018, EHang launched the command-and-control center in Shaoguan and went through trial operation. With capacity for over 60 staff, the command-and-control center integrates multiple government functions for emergency response and smart city management, including the five core functions of monitoring, scheduling, controlling, early warning and centralized management. The command-and-control center has responded to the needs of different authorities such as the Shaoguan Emergency Management Bureau, the Water Affairs Bureau, Forestry Bureau, the Environmental Protection Bureau and the Traffic Police Detachment for smart city management. Based on actual conditions, EHang put forward a customized plan, conducted regular air inspections on illegal construction, river, forestry, water resources, achieving the desired results.

In the current fight against COVID-19, EHang cooperated with local government departments to conduct air inspections on key industrial parks, roads, food markets and reservoirs with megaphones and high-definition cameras, which enabled "all-round" broadcasting and "non-contact" inspections to ensure the safety of frontline epidemic prevention staff.

After a period of trial operations and multiple successful emergency exercises, four departments of Shaoguan government (namely the Water Affairs Bureau, the Environmental Protection Bureau, the Transportation Bureau and the Forestry Bureau) will formally enter the command-and-control center for daily operations. To date, EHang has delivered two command-and-control centers in China, one in Shaoguan and the other in Lianyungang.

About EHang
EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company. Our mission is to make safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility (UAM) industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

EHang Applies AAVs in Flood Emergency Response Exercise in China

Media Contact: pr.cn@ehang.com

Investor Contact: ir@ehang.com
In the U.S.: Julia@blueshirtgroup.com
In China: Susie@blueshirtgroup.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/3aaf1af4-3748-4c7f-954a-4fcdd8dfe40d

https://www.globenewswire.com/NewsRoom/AttachmentNg/ad79ffa6-6623-4d23-9e61-6a01a181f60d

https://www.globenewswire.com/NewsRoom/AttachmentNg/8105828d-8eeb-47f3-b62c-33f2e4541b3f
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makinezmoney makinezmoney 5 years ago
$EH: This could move like LMPX recently.


Newly listed.... prime position here


ehang.com/


https://twitter.com/ehang








GO $EH
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