Ehang

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of EHang Holdings Limited (EH) on Behalf of Investors

Retrieved on: 
Wednesday, February 17, 2021

Law Offices of Howard G. Smith announces an investigation on behalf of EHang Holdings Limited (EHang or the Company) (NASDAQ: EH ) investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of EHang Holdings Limited (EHang or the Company) (NASDAQ: EH ) investors concerning the Companys possible violations of federal securities laws.
  • According to the report, [g]overnment records and credit reports show that EH's major customer is Shanghai Kunxiang Intelligent Technology Co." (Kunxiang).
  • On this news, the Companys stock price fell $77.79, or 62.69%, to close at $46.30 per share on February 16, 2021.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

EHang Responds to Deceptive Wolfpack Research Report

Retrieved on: 
Tuesday, February 16, 2021

GUANGZHOU, China, Feb. 16, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company, today issued the following response to the allegations raised in a report by Wolfpack Research dated February 16, 2021.

Key Points: 
  • GUANGZHOU, China, Feb. 16, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company, today issued the following response to the allegations raised in a report by Wolfpack Research dated February 16, 2021.
  • The Company strongly believes that the report contains numerous errors, unsubstantiated statements, and misinterpretation of information.
  • EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company.
  • 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.

EHang Joins EU GOF 2.0 Research Project

Retrieved on: 
Monday, February 8, 2021

GUANGZHOU, China, Feb. 08, 2021 (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 participation in the European Union "GOF 2.0 Integrated Urban Airspace Validation" project, which is a follow-up to the SESAR JU GOF U-space project.

Key Points: 
  • GUANGZHOU, China, Feb. 08, 2021 (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 participation in the European Union "GOF 2.0 Integrated Urban Airspace Validation" project, which is a follow-up to the SESAR JU GOF U-space project.
  • GOF 2.0 is focused on developing the safe, secure, and sustainable integration of unmanned aerial vehicle (UAV) operations in urban airspace.
  • The project intends to show safe integration of Unmanned Aerial Systems (UAS), eVTOLs, and manned operations in a unified, dense urban airspace.
  • This project has received funding from the SESAR Joint Undertaking under the European Union's Horizon 2020 research and innovation programme under grant agreement No 101017689.

EHang to Demonstrate Medical Air Mobility via Participation in EU-supported SAFIR-Med Project

Retrieved on: 
Friday, February 5, 2021

Within two years, the project intends to demonstrate advanced U-Space services enabling the highest possible operational safety level.

Key Points: 
  • Within two years, the project intends to demonstrate advanced U-Space services enabling the highest possible operational safety level.
  • EHang will use EH216, its flagship two-seat passenger-grade AAV, and its Falcon medium-sized AAV to transport medical supplies in urban environment.
  • Participation in the SAFIR-Med project marks another milestone for EHang in Europe following two major UAM programs, the AMU-LED project supported by the European Union and the Re.Invent Air Mobility initiative launched in the Paris region.
  • 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.

EHang announces US$40 million Investment from Carmignac

Retrieved on: 
Friday, January 29, 2021

EHang intends to use the proceeds to further strengthen the technology advancement and business development of EHang to reinforce its leading position in the global urban air mobility (UAM) industry.

Key Points: 
  • EHang intends to use the proceeds to further strengthen the technology advancement and business development of EHang to reinforce its leading position in the global urban air mobility (UAM) industry.
  • The issuance of the securities is made in reliance on, and in compliance with Regulation S under the Securities Act of 1933, as amended.
  • EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company.
  • 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.

The World’s Leading AAV Provider EHang Wins Urban Air Mobility Call from Paris Region

Retrieved on: 
Wednesday, January 27, 2021

As the only commercialized passenger-grade AAV solution provider and a pioneer of urban air mobility, EHang will take lead in the setup of a whole new transport ecosystem by taking advantage of its rich technical and operational experience.

Key Points: 
  • As the only commercialized passenger-grade AAV solution provider and a pioneer of urban air mobility, EHang will take lead in the setup of a whole new transport ecosystem by taking advantage of its rich technical and operational experience.
  • The exceptional initiative may help create a whole new sector and may make the Paris Region a strong reference in the global market for urban air mobility.
  • Choose Paris Region is a catalyst for business and innovation which supports international companies willing to expand in the Paris Region.
  • EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company.

EHang Joins European Union’s AMU-LED Project to Demonstrate Urban Air Mobility

Retrieved on: 
Thursday, January 21, 2021

GUANGZHOU, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company with about 10,000 incident-free flights, today announced membership in the Air Mobility Urban - Large Experimental Demonstration ( AMU-LED ) project, one of the largest European demonstrations of Urban Air Mobility (UAM).

Key Points: 
  • GUANGZHOU, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company with about 10,000 incident-free flights, today announced membership in the Air Mobility Urban - Large Experimental Demonstration ( AMU-LED ) project, one of the largest European demonstrations of Urban Air Mobility (UAM).
  • The AMU-LED project was initiated by the European Union, and the consortium executing the project includes 17 prominent companies and institutions globally, including EHang and industry giants such as Airbus and Boeing.
  • Through the AMU-LED program, EHang will increase its interaction with European regulatory bodies including EASA (European Aviation Safety Agency) and EUROCONTROL.
  • Participation in the AMU-LED project will enable EHang to demonstrate the benefits of its leading AAV products and technology platform solutions.

EHang to Provide UAM Services in Hengqin New Area in Zhuhai, China

Retrieved on: 
Tuesday, January 12, 2021

During a signing ceremony held on January 8, a fleet of EH216 AAVs made passenger-carrying flights in Tianqin Park on Hengqin New Area.

Key Points: 
  • During a signing ceremony held on January 8, a fleet of EH216 AAVs made passenger-carrying flights in Tianqin Park on Hengqin New Area.
  • Through this event, EHang fully demonstrated its leading-edge technology for the centralized management of simultaneous flights of multiple AAVs in distributed operations under the command-and-control systems.
  • Li Weihui, Deputy Secretary of the Hengqin New Area, said, We warmly welcome the arrival of EHang passenger-grade AAVs to Hengqin.
  • We believe this new style of intelligent air mobility will have more and better uses and will flourish in our beautiful Hengqin New Area.

China’s First National Standard for Express Delivery Service by Unmanned Aircraft Jointly Formulated by EHang will be Effective from January 1, 2021

Retrieved on: 
Tuesday, December 29, 2020

GUANGZHOU, China, Dec. 29, 2020 (GLOBE NEWSWIRE) -- The Specification for Express Delivery Service by Unmanned Aircraft (the Standard) issued by the State Post Bureau of PRC will be effective from January 1st, 2021.

Key Points: 
  • GUANGZHOU, China, Dec. 29, 2020 (GLOBE NEWSWIRE) -- The Specification for Express Delivery Service by Unmanned Aircraft (the Standard) issued by the State Post Bureau of PRC will be effective from January 1st, 2021.
  • The Standard was jointly formulated by industry-leading players including EHang (Nasdaq: EH), JD.com (Nasdaq: JD), and ZTO Express (NYSE: ZTO).
  • As Chinas first industry standard for express delivery service by unmanned aircrafts, the implementation of the Standard is of great significance for improving the last-mile delivery service, ensuring the safety of operations, as well as promoting the development of intelligent aerial logistics of urban air mobility (UAM) industry.
  • TheStandard is applicable to express delivery servicesby unmanned aircrafts with a maximum empty aircraft weight of 116kg, a maximum takeoff weight of 150kg, and an airspeed of no greater than 100km/h.

EHang Launches Aerial Tourism Services with Strategic Partner Greenland Hong Kong

Retrieved on: 
Monday, December 28, 2020

GUANGZHOU, China, Dec. 28, 2020 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company, announced the launch of its own autonomous urban air mobility (UAM) services with its strategic partner Greenland Hong Kong Holdings Limited (SEHK: 00337) (Greenland Hong Kong), an HKEX-listed real estate company.

Key Points: 
  • GUANGZHOU, China, Dec. 28, 2020 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company, announced the launch of its own autonomous urban air mobility (UAM) services with its strategic partner Greenland Hong Kong Holdings Limited (SEHK: 00337) (Greenland Hong Kong), an HKEX-listed real estate company.
  • The Company intends to work jointly with Greenland Hong Kong over time to offer aerial tourism services using its EH216 AAVs in more cities.
  • The collaboration will start with a flight base in Forest Lake first, independently run by EHang, to offer aerial sightseeing services to passengers.
  • Going forward, the two parties will work together to commercialize EHang AAV technologies in various use cases including aerial sightseeing.