Articles from EHang Holdings Limited

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a comprehensive strategic partnership with China Communications Information & Technology Group Co., Ltd. ("CCIT") in the fields of the low-altitude economy and advanced air mobility ecosystem.

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company, as a leader in the electric vertical takeoff and landing aircraft (“eVTOL”) sector, has signed a project cooperation agreement (the “Agreement”) with the Management Committee of the Torch High-Tech Industrial Development Zone of Weihai City (“Weihai High-Tech Zone”) in Shandong Province to establish comprehensive industry collaboration on pilotless eVTOLs in the new phase of rapid growth of low-altitude economy in China.

GUANGZHOU, China, Dec. 26, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the “Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced a strategic partnership with the People’s Government of Fangshan District, Beijing ("Fangshan District Government"). Together, the two parties aim to advance the low-altitude emergency rescue sector by establishing EHang’s national headquarters for low-altitude emergency rescue equipment in Fangshan District, Beijing with top-level mapping of its multiple application scenarios and complete industrial chain. This initiative seeks to position the area as a hub for the low-altitude emergency rescue industry and a pilot demonstration zone for related new technologies, products and scenarios, fostering an innovative model for "low-altitude + emergency" industrial ecosystem.

GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer listed on the Shenzhen Stock Exchange (ticker symbol:000625), in the presence of the Chongqing Municipal Government and representatives from various industry sectors. The parties will collaborate on the research and development, manufacturing, sales, and operation of flying car-related products, including electric vertical takeoff and landing (“eVTOL”) aircraft and innovative flying cars. Leveraging EHang's strong product development capabilities in aerial vehicles and low-altitude flight management technology solutions and combining Changan Automobile's robust production and manufacturing foundation and rich market resources in the automotive sector, the parties will explore the establishment of a joint venture focused on future mobility ecosystem technologies. This cross-industry strategic partnership will further enrich and expand EHang's eVTOL product line, unlocking a vast potential market for flying cars targeting a broad C-end customer base.

GUANGZHOU, China, Nov. 22, 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 the Company’s Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to US$30 million of its American Depositary Shares (“ADSs”) or ordinary shares over the next 12 months.

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. 15, 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 cooperation framework agreement (“Agreement”) with Zhejiang Sunriver Culture and Tourism Co., Ltd. (“Sunriver”, 600576.SH), a China A-share listed company, to explore an industrial model that integrates low-altitude economy with cultural tourism in China. Under the Agreement, Sunriver plans to purchase 50 units of EH216-S or similar pilotless passenger-carrying aircraft from EHang for its cultural tourism projects based on market development needs. Sunriver has placed a purchase order for 5 units of EH216-S as the first batch for aerial tourism use cases. The remaining aircraft will be gradually deployed in the tourism attractions under the Sunriver.

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. 13, 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 significant breakthrough in the development of high-energy solid-state battery technology, in collaboration with the Low-Altitude Economy Battery Research Institute of the Hefei International Advanced Technology Application Promotion Center and Shenzhen Inx Energy Technology Co., Ltd. (“Inx”). Equipped with this solid-state battery, EH216-S completed a continuous 48 minutes and 10 seconds flight test, which is applicable to different flight requirements and significantly improves the flight endurance by 60%-90%. Notably, this marks a milestone as the first pilotless passenger-carrying electric vertical takeoff and landing (eVTOL) aircraft to complete a flight test with a solid-state battery.

GUANGZHOU, China, Nov. 13, 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 the launch of a UAM Hub (the “Hub”) at Luogang Central Park in Hefei, Anhui Province, marking the second vertiport established in Luogang Park following the opening of the Urban Air Mobility Operations Center in May, which will serve as a key infrastructure for the future operation of EH216-S pilotless passenger-carrying aerial vehicles. This Hub also sets a new milestone in EHang's partnership with Hefei City in the low-altitude economy sector and will serve as a demonstration project for the commercial operations of electric vertical takeoff and landing (“eVTOL”) aircraft in Eastern China.

GUANGZHOU, China, Nov. 12, 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 will release its unaudited financial results for the third quarter ended September 30, 2024 on Monday, November 18, 2024, before the U.S. market opens.

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.

GUANGZHOU, China, Oct. 30, 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 entered into a strategic partnership with the Civil Aviation Flight University of China (the “CAFUC”). Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent development, the two parties will collaborate on cultivating skilled personnel, including operators and maintenance staffs for EHang’s pilotless electric Vertical Take-Off and Landing (“eVTOL”) aircraft, and their training for personnel licenses and operational supervision. This partnership aims to address the surging demand for talents in the low-altitude economy and foster the sustainable, high-quality development of the civil unmanned aerial vehicle (“UAV”) industry.

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. 16, 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 its EH216-S pilotless electric Vertical Take-Off and Landing (“eVTOL”) aircraft system has obtained an Experimental Flight Authorization Certificate (“CAVE”) from Brazil’s National Civil Aviation Agency (“ANAC”). The Company plans to conduct test and trial flights in Brazil to demonstrate the EH216-S aircraft's cutting-edge intelligent flight technology and cluster management system.

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.

GUANGZHOU, China, Aug. 22, 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 second quarter ended June 30, 2024.

GUANGZHOU, China, Aug. 12, 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 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.

GUANGZHOU, China, July 29, 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 delivered the first batch of 10 units of EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft to Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (“Xishan Tourism”) in the second quarter of this year, and completed debut passenger-carrying flights of EH216-S in Taiyuan, Shanxi on July 28, 2024.

GUANGZHOU, China, July 22, 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 the Civil Aviation Administration of China (“CAAC”) has formally accepted the Air Operator Certificate (“AOC” or “OC”) applications submitted by Guangdong EHang General Aviation Co., Ltd. (“EHang General Aviation”), the Company’s wholly-owned subsidiary specializing in UAM operation services, and Hefei Heyi Aviation Co., Ltd. (“Heyi Aviation”), its joint venture company in Hefei. This marks the commencement of the review process for the applicants’ 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.

GUANGZHOU, China, July 19, 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 the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited (“KC Smart Mobility”), a subsidiary of Kwoon Chung Bus Holdings Limited (“KCBH”) (0306.HK), the largest non-franchised bus operator in Hong Kong. This partnership aims to promote the deployment and operation of EHang’s EH216-S pilotless electric vertical take-off and landing (“eVTOL”) in Hong Kong, Macau, and the cities of Xiangyang and Shiyan in Hubei Province in China. According to the cooperation agreement, KC Smart Mobility plans to purchase a total of 30 units of EH216-S from EHang.

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.

GUANGZHOU, China, June 12, 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 its first autonomous air taxi flight in Mecca, Saudi Arabia. The autonomous flight, conducted with rigorous safety measures, underscores EHang's commitment to safety and innovation. Partnering with Front End Limited Company (“Front End”), a Saudi-based enterprise specializing in advanced solutions for various industries, this flight also highlights the transformative potential of pilotless eVTOL aircraft for the region’s transportation system.

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.

GUANGZHOU, China, May 20, 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 first quarter ended March 31, 2024.

GUANGZHOU, China, May 13, 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 will release its unaudited financial results for the first quarter ended March 31, 2024 on Monday, May 20, 2024, before the U.S. market opens.

GUANGZHOU, China, May 06, 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 pilotless electric vertical take-off and landing (“eVTOL”) aircraft EH216-S has set a new milestone with the successful completion of the first passenger-carrying demo flight in Abu Dhabi, marking the first of its kind in the United Arab Emirates (“UAE”) and Middle East. Additionally, the EH216-F (for high-rise firefighting) and EH216-L (for aerial logistics) demonstrated their debut flights in the UAE, showcasing a diverse range of UAM use scenarios of pilotless eVTOL aircraft.

GUANGZHOU, China, April 28, 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 established a strategic partnership with ultra-fast charging-focused Guangzhou Greater Bay Technology Co., Ltd. (“Greater Bay Technology” or “GBT”) at the 16th Chongqing International Battery Technology Exchange Conference/Exhibition for the research and development of the world’s first Ultra-Fast Charging (“UFC”)/eXtreme Fast Charging (“XFC”) battery solutions for EHang’s electric vertical takeoff and landing (“eVTOL”) aircraft. The partnership is to promote the research and development as well as industrialization of eVTOL power system components and modules in the UAM sector, laying an ecological foundation for commercial operations of the low-altitude economy.

ABU DHABI, United Arab Emirates, April 26, 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 the Company is partnering with the leading fintech group in the MENA region Multi Level Group (“MLG”) and the Abu Dhabi Investment Office (“ADIO”) to drive eVTOL development in the UAE and beyond. During Abu Dhabi’s inaugural DRIFTx event, a global platform to discuss and engage innovations that will shape the future of mobility, ADIO and MLG signed a trilateral agreement with EHang.

GUANGZHOU, China, April 15, 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) on April 15, 2024. The annual report can be accessed on the Company’s investor relations website at http://ir.ehang.com/ and on the SEC’s website at https://www.sec.gov/.

GUANGZHOU, China, April 09, 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 the Board of Directors of the Company (the “Board”) has appointed Mr. Zhao Wang as the Co-Chief Operating Officer (“Co-COO”) of the Company, effective on April 9, 2024. The Company’s management team will jointly lead EHang into next phase of growth for commercial operations following the groundbreaking achievements that EH216-S has obtained the world’s first type certificate (“TC”), production certificate (“PC”) and standard airworthiness certificate (“AC”) for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China.

GUANGZHOU, China, April 07, 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 EHang has successfully obtained the Production Certificate (“PC”) for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (“eVTOL”) aircraft issued by the Civil Aviation Administration of China (“CAAC”), which is the world’s first PC granted in the global eVTOL industry. Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations.

GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture. This state-of-the-art facility serves as a demonstration flight site, ground infrastructure, and maintenance base for EHang’s various pilotless electric vertical takeoff and landing (“eVTOL”) aircraft in the region, including EH216-S. This UAM center is a milestone in Japan's advanced air mobility industry.

GUANGZHOU, China, March 15, 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 fourth quarter and fiscal year ended December 31, 2023.

GUANGZHOU, China, March 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 it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 on Friday, March 15, 2024, before the U.S. market opens.

GUANGZHOU, China, Feb. 07, 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 suggested retail price of US$410,000 for its EH216-S pilotless passenger-carrying electric vertical takeoff and landing ("eVTOL") aircraft in global markets outside China, effective from April 1, 2024.

GUANGZHOU, China, Feb. 06, 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 strategic cooperation agreement (the “Agreement”) with the Management Committee of Guangzhou Airport Economic Zone, the Administrative Committee of Guangzhou Economic and Technological Development District ("Guangzhou Development District Administrative Committee"), and Guangzhou Automobile Group Co., Ltd. (601238.SH, 02238.HK, "GAC Group"). All parties will fully leverage their respective strengths and resources to jointly create a robust low-altitude industry ecosystem, which will contribute to Guangzhou's leadership in the trillion-dollar low-altitude sector and facilitate the high-quality development of the low-altitude economy.

GUANGZHOU, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced the suggested retail price for its EH216-S passenger-carrying unmanned aerial vehicle (“UAV”) system in China. Given the market potential and substantial industry scale of China's low-altitude economy, coupled with the global trend of rapid growth in low-altitude aerial services, the EH216-S UAV system's official suggested retail price in China is set at RMB2.39 million per unit, effective from April 1, 2024. The Company believes the pricing will more effectively cater to the market needs and further enhance the value of electric vertical takeoff and landing aircraft (“eVTOL”) and UAM.

GUANGZHOU, China, Dec. 28, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that today the certified EH216-S pilotless passenger-carrying aerial vehicles have successfully completed debut commercial flight demonstrations in Guangzhou and Hefei respectively, marking another major step towards normalizing flights with EH216-S in aerial sightseeing at local scenic spots.

GUANGZHOU, China, Dec. 26, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced the launch of the UAM Operation Demonstration Center (“UAM Center”) at OH Bay, a renowned landmark in Bao’an district, Shenzhen. Following the EHang’s strategic partnership with the Shenzhen Bao’an District Government in July, this significant milestone marks another big step forward towards the parties’ joint efforts for the launch of aerial sightseeing services for the next phase.

GUANGZHOU, China, Dec. 21, 2023 (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 passenger-carrying unmanned aerial vehicle (“UAV”) system has obtained the standard Airworthiness Certificate (“AC”) from the Civil Aviation Administration of China (the “CAAC”). It marks the first of its kind globally for the cutting-edge pilotless passenger-carrying electric vertical takeoff and landing (“eVTOL”) aircraft.

GUANGZHOU, China, Nov. 22, 2023 (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, 2023.

GUANGZHOU, China, Nov. 08, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading urban air mobility ("UAM") technology platform company, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2023 on Wednesday, November 22, 2023, before the U.S. market opens.

GUANGZHOU, China, Nov. 08, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading urban air mobility (“UAM”) technology platform company, today invited its founder, chairman and CEO, Mr. Huazhi Hu, to share his thoughts on EHang’s strengths and strategies in pioneering autonomous Electric Vertical Takeoff and Landing (“eVTOL”) aircraft technologies and commercial solutions in the global UAM industry.

GUANGZHOU, China, Nov. 07, 2023 (GLOBE NEWSWIRE) --  EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading urban air mobility ("UAM") technology platform company, announced that the report published today by short seller Hindenburg Research contains untrue statements and misinterpretation of information regarding the Company’s business operations and financial conditions. The report highlights the short seller's cursory and incomplete understanding of the Company's industry and business operations.

GUANGZHOU, China, Nov. 01, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced the inauguration of its first European UAM Center in Spain. Located inside the Lleida–Alguaire International Airport (“LEDA”), the center represents the first-of-its-kind in Europe for unmanned electric vertical take-off and landing (eVTOL) aircraft, setting a benchmark globally for the effective integration of eVTOL aircraft operation with airport infrastructure, air traffic management systems, operational procedures, and other information technologies.

GUANGZHOU, China, Oct. 30, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that the Company is progressing towards obtaining the Production Certificate (“PC”) and Airworthiness Certificate (“AC”) for the EH216-S, its self-developed passenger-carrying Unmanned Aerial Vehicle (“UAV”) system, with the full support from the Civil Aviation Administration of China (“CAAC”). Under the guidance of the CAAC Central and Southern Regional Administration, EHang is steadily moving towards obtaining the PC and producing EH216-S according to its Type Certificate (“TC”). Notably, documentation review and most of the definition and practical assessments are completed, with inspection and test at facility before production delivery underway. The initial batch of the EH216-S passenger-carrying UAVs following the TC is scheduled to roll off the production line with customer deliveries in the fourth quarter of 2023.

GUANGZHOU, China, Oct. 18, 2023 (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 entered into a strategic cooperation agreement (“Agreement”) with the Hefei Municipal Government for the joint development of a low-altitude economy ecosystem in Hefei City, Anhui Province. EHang will participate in Hefei’s Full-Space Unmanned System Integrated Application Demonstration Project and launch regular operations with unmanned aerial vehicles (“UAVs”) in Luogang Central Park in Hefei. This park is set to become the world’s premier UAM super aerohub. The Hefei Municipal Government intends to provide EHang support in the form of coordinating or facilitating purchase orders, for no less than 100 units of the EH216 series UAVs, and financing support, amounting to a total of US$100 million. The specific timing, amount and type of support will be subject to additional definitive agreement.

GUANGZHOU, China, Oct. 13, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that the EH216-S, its self-developed passenger-carrying unmanned aerial vehicle (“UAV”) system, has obtained the type certificate (“TC”) officially issued by the Civil Aviation Administration of China (“CAAC”). This demonstrates that the EH216-S’s model design fully complies with CAAC’s safety standards and airworthiness requirements, and that the EH216-S is qualified for conducting passenger-carrying UAV commercial operations. As the world’s first TC for unmanned electric vertical take-off and landing aircraft (“eVTOL”), the EH216-S TC not only sets a benchmark for the airworthiness certification of innovative eVTOLs in China and overseas, but also serves as an epoch-making milestone for commercial UAM operations.

GUANGZHOU, China, Oct. 09, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that in anticipation of an upcoming announcement concerning a very significant development regarding its business operations, the Company has voluntarily requested the Nasdaq Stock Market LLC (the “Nasdaq”) to, and the Nasdaq has approved to temporarily suspend the trading of the Company’s American depositary shares (the “ADSs”) since the market opens at 9:30 a.m., October 9, 2023, Eastern Time.

GUANGZHOU, China, Sept. 29, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that it has delivered five units of EH216-S to a new customer, Shenzhen Boling Holding Group Co., Ltd. (“Boling”), as part of Boling’s plan to purchase up to 100 units of EH216-S from EHang. Boling’s purchase of up to an additional 95 units of EH216-S is conditioned upon EHang’s receipt of the EH216-S type certification from the Civil Aviation Administration of China (“CAAC”) and subject to the parties’ further agreement on details such as delivery timeline.

GUANGZHOU, China, Sept. 20, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced its strategic investment in Shenzhen Inx Technology Co., Ltd. (“Inx”), a solid-state lithium metal battery technology company in China, and its plan to cooperate with Inx on the research, development and production of solid-state lithium metal batteries for EHang AAV products.

GUANGZHOU, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that its EHang Unmanned Aircraft Cloud System (“UACS”) has been officially approved by the Civil Aviation Administration of China (“CAAC”) for UACS trial operations. With the UACS trial operations approved, EHang, as the world’s first manufacturer and operator of passenger-carrying unmanned vehicle system, further solidifies a vital foundation for commercial operations post the certification of EH216-S. Additionally, the approval of the UACS trial operations serves as a significant safeguard for large-scale operational safety and management.

- All Planned Tests for EH216-S Type Certification Completed 100%

GUANGZHOU, China, Aug. 11, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2023 on Thursday, August 17, 2023, before the U.S. market opens.

GUANGZHOU, China, July 13, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that today it has signed a Memorandum of Understanding (“MOU”) with the Bao’an District Government of Shenzhen municipality on a comprehensive strategic partnership in urban air mobility (“UAM”) for commercial operations of EH216-S AAVs following the completion of the EH216-S type certification. Bao’an District and EHang will jointly develop UAM use cases, systems and routes to build Shenzhen as a national low-altitude economy development demonstration city. Leveraging the high-quality resources of Bao’an District, EHang plans to establish the Company’s first UAM Operation Demonstration Center at the OH Bay, an urban landmark in Shenzhen, and to launch aerial tourism and sightseeing experience services with EH216-S AAVs.

GUANGZHOU, China, July 12, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it has entered into share subscription agreements for a total of US$23,000,000 private placement with several strategic investors led by Mr. Lee Soo Man, a renowned South Korean music producer, entrepreneur, and the founder of K-pop and SM Entertainment, a South Korean leading multinational entertainment company listed in KOSDAQ (041510).

- Total Revenues Up 41.6% Quarter-over-Quarter- Continued High Quarterly Gross Margin of 60%+- EH216-S Type Certification’s Compliance Tests in Final Phase Completed More Than 90%- Notable Growth of Customer Orders & Deliveries in China- US$10 Million Strategic Investment by Qingdao West Coast New Area Closed- Japan’s First Passenger-Carrying Autonomous eVTOL Flight Demonstration

GUANGZHOU, China, May 24, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2023 on Wednesday, May 31, 2023, before the U.S. market opens.

GUANGZHOU, China, April 28, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the “SEC”) on April 27, 2023. The annual report can be accessed on the Company’s investor relations website at http://ir.ehang.com/ and on the SEC’s website at https://www.sec.gov/.

–  EH216-S Type Certification (“TC”) Process Over 90% Completed–  Continued High Quarterly and Annual Gross Margins of Over 65%–  Post-TC Order Pipeline of EH216-S Exceeded 100 Units in China & Growing–  Partnership with Swire Group’s HAECO for Advanced Air Mobility–  First Passenger-Carrying AAV Flight Demonstration in Japan

GUANGZHOU, China, March 15, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022 on Wednesday, March 22, 2023, before the U.S. market opens.

GUANGZHOU, China, Feb. 17, 2023 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company, announced that its EH216 passenger-grade AAV has completed its first passenger-carrying autonomous flight demonstration within Japan, which also marks the first passenger-carrying flight for an autonomous eVTOL aircraft in Japan. Today, the EH216 flew with two passengers and no pilot onboard for a trip along the stunningly beautiful coastline of Tanoura Beach in Oita city, under the approval of the Ministry of Land, Infrastructure, Transport and Tourism (“MLIT”) of Japan.

GUANGZHOU, China, Dec. 23, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced its strategic partnership with Qingdao West Coast New Area, one of China’s national new areas in Shandong province. This partnership comes with a binding US$10,000,000 equity investment and a potential additional investment of US$10,000,000 in the future.

GUANGZHOU, China, Dec. 05, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that Mr. Nick Ning Yang has been appointed as a new director to the Company’s Board of Directors (the “Board”), effective December 5, 2022. The Board has reviewed and determined that Mr. Yang meets all the “independence” requirements under Rule 10A-3 of the United States Exchange Act of 1934 and Rule 5605 of the Nasdaq Stock Market Rules.

- EH216-S Type Certification in Final Phase

GUANGZHOU, China, Nov. 21, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2022 on Friday, December 2, 2022, before the U.S. market opens.

GUANGZHOU, China, Oct. 31, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it has signed a memorandum of understanding regarding the potential partnership with Hong Kong Aircraft Engineering Company Limited (“HAECO Group”), a subsidiary of Swire Group and a world leading aircraft engineering and maintenance company. The two parties plan to cooperate in multiple areas such as manufacturing and assembly, continued airworthiness, digital platforms, aircraft maintenance, and talent training. The focus is to co-develop systems and solutions that cater to the needs of continued airworthiness and after-sales maintenance services in preparation for the commercial operation of EH216-S, EHang’s passenger-grade autonomous aerial vehicle.

GUANGZHOU, China, Sept. 30, 2022 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company, announced the latest updates of its passenger-grade AAV EH216-S Type Certification (“TC”) process. The Project Specific Certification Plan has been officially approved by the Civil Aviation Administration of China (“CAAC”). At present, various specified review subjects have been confirmed, including performance and flight, structural strength, design and configuration, ground control station, airborne human-computer interaction, totality, continued airworthiness, etc., and activities for demonstration and verification of compliance are being prepared. Furthermore, multiple positive results have been achieved on the specific algorithms based on aerodynamics, test flights for the overload ratio boundary, etc. Based on more than 30,000 safe trial flights of EH216-S that have been accumulated, it is planned by the Company to conduct further supplementary test activities and test flights for verification from October this year.