EHang

Investing in the Electric Aircraft Revolution

Retrieved on: 
Wednesday, April 3, 2024

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.

Key Points: 
  • According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.
  • KULR Technology Group, Inc. (NYSE American: KULR), betting on the electrification of everything, will play a key role in the safety of the electric aircraft future.
  • From startups like Eviation with their Alice aircraft to major players like Airbus and their E-Fan X project, the race is on to develop viable electric planes.
  • Some smaller electric aircraft are already taking to the skies for test flights ."

EHang Announces Appointment of Co-Chief Operating Officer

Retrieved on: 
Tuesday, April 9, 2024

Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.

Key Points: 
  • Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.
  • He will report to Mr. Huazhi Hu, the Founder, Chairman and CEO of EHang.
  • Prior to joining EHang, Mr. Wang worked for Antaeus Group, a Chinese group enterprise with cross-industry services in resort, film and art, as the Chief Executive Officer (“CEO”) of Mangrove Tree Technology Group from June 2020 to March 2024.
  • We look forward to working closely with Mr. Wang in accelerating our growth into a new stage.”
    Mr. Zhao Wang, Co-COO of EHang, commented, “I am delighted to join EHang as the Co-COO.

EHang Announces Japan's First UAM Center in Tsukuba

Retrieved on: 
Friday, March 22, 2024

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.

Key Points: 
  • 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 UAM center is a milestone in Japan's advanced air mobility industry.
  • (During the inauguration ceremony of UAM Center, EH216-S completed its debut flight in the Kanto region in Japan.)
  • The establishment of the UAM Center is the result of a strategic partnership between EHang and AirX Inc. (“AirX”), a leading Japanese air mobility digital platform company.

EHang Unveils US$410,000 Suggested Retail Price for EH216-S Pilotless Passenger-Carrying eVTOL Aircraft in Global Markets Outside China

Retrieved on: 
Wednesday, February 7, 2024

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.

Key Points: 
  • 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.
  • The EH216-S distinguishes itself through its autonomous flight capabilities, fully electric propulsion, comprehensive redundancy safety features, and intelligent command-and-control systems for cluster management.
  • Notably, the EH216-S made a significant milestone by securing the world's first Type Certificate and Standard Airworthiness Certificate for pilotless passenger-carrying eVTOL aircraft from the Civil Aviation Administration of China (“CAAC”) in 2023.
  • By offering a competitive price globally for the EH216-S, the Company aims to meet the escalating demands of international markets and drive widespread adoption of this innovative aircraft.

EHang Forms Strategic Cooperation with the Management Committee of Guangzhou Airport Economic Zone, Guangzhou Development District Administrative Committee, and GAC Group to Scale Up New Quality Productivity and Promote High-Quality Development for Guangz

Retrieved on: 
Tuesday, February 6, 2024

(The strategic cooperation among Guangzhou Government Agencies, GAC Group and EHang)

Key Points: 
  • (The strategic cooperation among Guangzhou Government Agencies, GAC Group and EHang)
    According to the Agreement, GAC Group and EHang will join forces in research and development, production, sales, and other areas to strengthen the low-altitude market.
  • Meanwhile, EHang will maximize its expertise in developing and integrating passenger-carrying UAVs to support the development of GAC Group’s flying cars.
  • The initiative will provide support to EHang and GAC Group for their technology research and development, production, and promotion for product applications in Guangzhou.
  • (Image: EHang’s EH216-S passenger-carrying UAV flew in the Jiulong Lake Park, Huangpu district, Guangzhou)

EHANG INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In EHang To Contact Him Directly To Discuss Their Options

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH) and reminds investors of the February 2, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $100,000 investing in EHang stock or options between January 20, 2022 and November 6, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding EHang’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

EHang Announces Suggested Retail Price of RMB2.39 Million for EH216-S Passenger-Carrying UAV System in China

Retrieved on: 
Thursday, February 1, 2024

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.

Key Points: 
  • 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.
  • On October 13, 2023, EHang’s self-developed EH216-S passenger-carrying UAV system received its Type Certificate (“TC”) from the Civil Aviation Administration of China (“CAAC”).
  • Our aim is to make pilotless aerial vehicle a common part of everyday life, bringing its benefits to a broader public.”

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against EHang Holdings Limited (EH)

Retrieved on: 
Thursday, February 1, 2024

The Law Offices of Frank R. Cruz reminds investors of the upcoming February 2, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH ) securities between January 20, 2022 and November 6, 2023, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming February 2, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH ) securities between January 20, 2022 and November 6, 2023, inclusive (the “Class Period”).
  • If you purchased or otherwise acquired EHang securities during the Class Period, you may move the Court no later than February 2, 2024 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

DEADLINE ALERT for EH, BRBS, MVST, and EL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, January 29, 2024

LOS ANGELES, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • The Law Offices of Frank R. Cruz, Los Angeles

DEADLINE ALERT for EXFY, NATI, LPSN, EH: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, January 29, 2024

Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to [email protected] .
  • Law Offices of Howard G. Smith