Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
ChinaIPO:
13 December 2019Website:
http://www.ehang.comNext earnings report:
16 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:47:31 GMTDividend
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GUANGZHOU, China, July 01, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world's leading urban air mobility (“UAM”) technology platform company, today announced that it has signed a strategic Memorandum of Understanding (“MoU”) with China Southern Airlines General Aviation Company Limited (“CSGAC”), a leading general aviation service provider and strategic emerging business unit of China Southern Airlines Company Limited. The partnership will center on the flight operations, comprehensive support, and other aspects of EHang's pilotless electric vertical take-off and landing (“eVTOL”) to jointly cultivate innovative solutions for low-altitude economy.
GUANGZHOU, China, June 25, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world's leading urban air mobility (“UAM”) technology platform company, announced it has received full payment for the initial batch of 30 units of EH216-S passenger-carrying pilotless aircraft and has delivered 27 units to Wencheng County Transportation Development Group Co., Ltd. in Wenzhou, Zhejiang Province. It drives Wencheng's comprehensive layout in the low-altitude economy industry.
GUANGZHOU, China, June 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world's leading urban air mobility (“UAM”) technology platform company, announced that it has signed a cooperation agreement with the government of Wencheng County, Wenzhou City, Zhejiang Province, to jointly develop UAM and supporting public service ecosystem for the low-altitude economy. Based on this cooperation, Wencheng County Transportation Development Group Co., Ltd. has signed a purchase agreement with EHang for 30 units of the EH216-S and has already paid 50% of the total contract price as a pre-delivery down payment, with the remainder payable upon delivery. Additionally, the customer plans to purchase an additional 270 units of EH216-S by the end of 2026 and already paid a non-refundable deposit. Looking ahead, EHang and Wencheng County will work together in establishing a low-altitude industry chain across the region, including demonstration, sales, maintenance, and operations of pilotless passenger-carrying aerial vehicle, to create momentum and advantages that drives the development of economy and UAM ecosystem within Zhejiang Province.
EHang Holdings is now in execution mode, collecting large orders, expanding production, and ramping revenues. The Chinese government wants to push the eVTOL sector to take a leading role, bringing about strategic initiatives, strong subsidies, and introducing first infrastructure projects. Regional actors in China are already supporting EHang with activities such as building vertiports and placing large orders, indicating a promising future.
Although not as common now, flying cars could well be integrated into our future lives. It has the potential to completely change the way we travel and think about transportation.
EHang (NASDAQ: EH), an emerging eVTOL manufacturer, has signed a memorandum of understanding with Xishan Tourism to develop the low-altitude ecosystem in China. Xishan ordered 50 of Ehang's pilotless electric vertical takeoff and landing aircraft, and plans to purchase an additional 450 units over the next two years for aerial tourism and passenger transportation.
GUANGZHOU, China, May 31, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world's leading urban air mobility (“UAM”) technology platform company, today announced it has signed a memorandum of understanding (“MoU”) with Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (“Xishan Tourism”) to jointly develop the low-altitude economy in Taiyuan City, Shanxi Province, China. Concurrently with the signing of the MoU, Xishan Tourism has placed a purchase order for 50 units of EHang's EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft, and has paid the total contract price of RMB113 million (USD15.6 million) to EHang. Meanwhile, Xishan Tourism has signed a purchase plan agreement for an additional 450 units of EH216-S over the next two years. These aircraft will be deployed for aerial tourism, passenger transportation, and other low-altitude use cases to facilitate adoption and operations of pilotless eVTOL in North China.
EHang Holdings Limited, a global leader in Urban Air Mobility technology, reported its financial results for the first quarter of 2024 on May 20, 2024.
EHang Holdings Limited, a top urban air mobility technology platform company, will unveil its unaudited financial results for the first quarter of 2024 on May 20, 2024, before the U.S. market opens.
What type of business is EHang Holdings Limited?
EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. The company was incorporated in 2014 and is headquartered in Guangzhou, the People's Republic of China.
What sector is EHang Holdings Limited in?
EHang Holdings Limited is in the Industrials sector
What industry is EHang Holdings Limited in?
EHang Holdings Limited is in the Aerospace & Defense industry
What country is EHang Holdings Limited from?
EHang Holdings Limited is headquartered in China
When did EHang Holdings Limited go public?
EHang Holdings Limited initial public offering (IPO) was on 13 December 2019
What is EHang Holdings Limited website?
https://www.ehang.com
Is EHang Holdings Limited in the S&P 500?
No, EHang Holdings Limited is not included in the S&P 500 index
Is EHang Holdings Limited in the NASDAQ 100?
No, EHang Holdings Limited is not included in the NASDAQ 100 index
Is EHang Holdings Limited in the Dow Jones?
No, EHang Holdings Limited is not included in the Dow Jones index
When does EHang Holdings Limited report earnings?
The next expected earnings date for EHang Holdings Limited is 16 August 2024