EHang Holdings LimitedNASDAQ: EH

GUANGZHOU, China, Nov. 18, 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 its unaudited financial results for the third quarter ended September 30, 2024.

GUANGZHOU, China, Nov. 14, 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 a strategic investment totaling over US$22 million. The investors are Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a Chinese leading new energy vehicle power systems provider, and a strategic institutional investor from the Middle East. Both investors agree to a 180-day lock-up period.

GUANGZHOU, China, Nov. 11, 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 a long-term strategic partnership and technology development cooperation with Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a pioneer in new energy vehicle (“NEV”) power systems, to co-develop high-performance electric motors and motor controllers for EHang's suite of electric vertical take-off and landing (“eVTOL”) aircraft.

GUANGZHOU, China, Nov. 08, 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 its EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft completed debut passenger flights in Thailand at the renowned Queen Sirikit National Convention Center in central Bangkok. The flights mark a new milestone for expanding EHang's eVTOL flight footprint to the 18th country globally. With the permission of the Civil Aviation Authority of Thailand (“CAAT”), the Company is also planning to conduct flight tests on EH216-S in Thailand and launch commercial flight operations in various regions such as Phuket and Koh Samui by 2025, to collaboratively open Thailand's low-altitude airspace and air mobility market.

EHang (Nasdaq: EH), a global leader in Urban Air Mobility technology, has announced a significant achievement with the first successful flight of its pilotless eVTOL aircraft in Brazil. Brazil's National Civil Aviation Agency (ANAC) recently issued an Experimental Flight Authorization (CAVE) for EHang's EH216-S, allowing trial operations.

GUANGZHOU, China, Sept. 24, 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 a major milestone with the successful completion of the first flight of its EH216-S pilotless eVTOL in Brazil.

GUANGZHOU, China, Sept. 04, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world's leading urban air mobility (“UAM”) technology platform company, today strongly refuted recent unfounded rumors circulating in retail investor communities. These baseless allegations have no foundation in truth and have unfairly impacted the Company's stock price.

EHang's EH-216 aircraft saw a nine-fold increase in unit sales, and the Company reported 920% revenue growth in Q2 2024. EH's unique certified autonomous eVTOL faces minimal competition, with a growing order book and expanded manufacturing capacity in China. A mathematical model suggests a fair value share price of $30, driven by industry-standard operating costs and continued explosive revenue growth.

The aerial vehicle specialist unveiled its second-quarter results before market open. It crushed analyst estimates for the period.