EHang Reports First Quarter 2024 Unaudited Financial Results
Secured Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S
- Secured Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S
Expanded International Partnership and Demo Flights in UAE, Spain, Costa Rica and Japan
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. - As part of the conditional purchase order, the Company has delivered 10 units of EH216-S to a customer in Wuxi in the first quarter of 2024.
- Expanded UAM Project to Luohu District in Shenzhen, China
In January 2024, EHang expanded its UAM project in Shenzhen to include Luohu district in addition to Bao’an district. - For the second quarter of 2024, the Company expects the total revenues to be around RMB90 million, representing an increase of approximately 804% year-over-year.