EHang Holdings Ltd - ADR

EHang Holdings Ltd. operates as an autonomous aerial vehicle technology platform company. It engages in designing, developing, manufacturing, selling and operating AAVs and their supporting systems and infrastructure for a range of industries and applications, including passenger transportation, logistics, smart city management and aerial media solutions. The company operates under the following geographical segments: PRC, East Asia, Europe, and Other. The company was founded by Huazhi Hu and Yifang Derrick Xiong in December 2014 and is headquartered in Guangzhou, China.

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EHang reports robust Q4 earnings, eyes global urban mobility growth

EHang Holdings Ltd showcased strong financial performance, progress in certifications, and strategic partnerships in Q4 2022.
The company's focus on the UAM industry, Chinese market potential, and global urban mobility highlights growth prospects.
Challenges include regulatory compliance, safety standards, revenue generation post-TC, and managing partnerships effectively.
Opportunities lie in market expansion, overseas growth, technological advancements, and innovative solutions for EHang.

EHang reports robust Q1 earnings, eyes global expansion opportunities

EHang Holdings Ltd delivered strong financial results, showcasing revenue growth, improved margins, and operational efficiency in Q1 2023.
The company's focus on airworthiness certification, low-altitude tourism, and international collaborations presents strategic opportunities for future growth and market expansion.
While EHang faces challenges in a competitive landscape and regulatory complexities, its solid financial position and technological advancements position it well for long-term success.

EHang achieves UAV milestone and strengthens leadership for growth

EHang made progress with EH216-S UAV system and strategic investments in Q2
Strong gross margin and collaborations position EHang for post-certification growth
Financial challenges include operating loss and the need to address cost management
Opportunities lie in market demand, expansion plans, and investor engagement

EHang reports stellar Q3 results, poised for global eVTOL expansion

EHang's Q3 2023 performance reflects strong revenue growth, improved margins, and a solid financial position for future endeavors.
The company's technological achievements, market demand, and strategic focus on expansion provide a foundation for sustained success.
While facing challenges in commercial transition and international expansion, EHang is well-positioned to leverage opportunities in the evolving eVTOL market.

EHang reports stellar Q4 results, gears up for commercial operations

EHang's Q4 2023 showcased remarkable growth and progress across key metrics.
The company's focus on commercial operations and strategic partnerships bodes well for future expansion.
Challenges in pricing and operational readiness need to be addressed proactively.
Opportunities lie in market expansion, product innovation, and launching key use cases.

EHang reports record Q1 sales, aims for breakeven through expansion

EHang's Q1 performance reflects strong sales growth, financial progress, and strategic partnerships, positioning the company for future success in the eVTOL market.
While facing challenges in operational aspects and market demands, EHang's focus on innovation, expansion, and efficiency underscores its commitment to long-term growth.
With a clear roadmap for achieving non-GAAP breakeven and plans for capacity expansion, EHang remains poised to capitalize on market opportunities and overcome challenges.

EHang reports stellar Q2 results, eyes international expansion and innovation

EHang's Q2 2024 performance reflects strong financial growth and operational achievements.
The company's strategic strengths in innovation and partnerships position it for future success.
While facing challenges in international expansion, EHang has opportunities for revenue growth and technological advancement.

EHang reports record Q3 performance and global expansion plans

EHang's Q3 2024 performance reflects robust growth, operational achievements, and financial stability, positioning the company as a key player in the eVTOL market.
While facing challenges in a competitive landscape and regulatory environment, EHang's strategic focus on innovation and global expansion presents significant growth opportunities.
With strong financial results, regulatory milestones, and strategic investments, EHang is well-positioned to capitalize on market demand, drive innovation, and expand its market presence.
EHang's commitment to product development, safety standards, and international expansion underscores its potential for sustained growth and leadership in the evolving eVTOL industry.

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EHang Holdings Ltd. engages in the provision of aerial vehicle technology platform company. It operates through the following geographical segments: P.R.C., West Asia, East Asia, South America, Europe, and Other. The company was founded by Huazhi Hu and Yifang Derrick Xiong in December 2014 and is headquartered in Guangzhou, 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.

EHang Partners with Beijing Fangshan District Government to Launch National Headquarters for Low-Altitude Emergency Rescue Equipment

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.

EHang Partners with Changan Automobile on Flying Cars to Create an Innovative Way for Personal Transportation

Archer Aviation

Ducommun

Eve Holding Inc

In the final weeks of 2024, so-called electric vertical takeoff and landing (eVTOL) companies like Archer Aviation Inc. NYSE: ACHR have dominated the headlines. Archer and some of its rivals are racing to bring to market an affordable, convenient lineup of air mobility products.

Top 3 Aerospace and Defense Stocks Flying Under the Radar

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.

EHang Announces US$30 Million Share Repurchase Program

EHang Holdings Limited (NASDAQ:EH ) Q3 2024 Earnings Conference Call November 18, 2024 8:00 AM ET Company Participants Anne Ji - Senior Director, Investor Relations Huazhi Hu - Founder, Chairman and Chief Executive Officer Zhao Wang - Chief Operating Officer Conor Yang - Chief Financial Officer Conference Call Participants Cindy Wang - Morgan Stanley Laura Lee - Deutsche Bank Gareth Zhao - Tianfeng securities Yiming Wang - China Renaissance Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the EHang's Third Quarter 2024 Earnings Conference Call.

EHang Holdings Limited (EH) Q3 2024 Earnings Call Transcript

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.

EHang Reports Third Quarter 2024 Unaudited Financial Results

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.

EHang Partners with Sunriver to Expand Chinese Cultural Tourism Market with Purchase Plan for 50 Units of EH216-S

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.

EHang Announces Over US$22 Million PIPE Investment From Strategic Investors Including Enpower

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.

EHang and Inx Achieve Breakthrough in Solid-State Battery Technology: EH216-S Completes World's First eVTOL Solid-State Battery Flight Test

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.

EHang Launches Urban Air Mobility Hub at Luogang Central Park in Hefei to Drive Low-Altitude Economy

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.

EHang and Enpower Form Strategic Partnership for Advanced eVTOL Integrated Electric Motor Drive Systems

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.

EH216-S Pilotless eVTOL Completes Debut Passenger Flights in Thailand, with Flights Tests and Commercial Operations Forthcoming

Initiating coverage on EHang Holdings with a "Buy" rating due to growth potential and favorable industry trends, with a 24-month investment horizon. EHang's diversified product offerings and strategic partnerships position it well to capitalize on China's expanding low-altitude economy and global eVTOL market. Strong order backlog, robust revenue growth, and significant R&D investments support a bullish outlook despite potential risks and industry competition.

EHang: Poised For A Breakout Rally On Robust Growth

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.

EHang and Civil Aviation Flight University of China Form Strategic Partnership to Jointly Develop Professional Talents and Vocational Training for Large Civil Unmanned Aerial Vehicles

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.

EH216-S Pilotless eVTOL Completes First Flight 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.

Brazil and China Strengthen Cooperation on Civil Aviation Airworthiness: EHang's EH216-S Pilotless eVTOL Obtains Experimental Flight Authorization Certificate from Brazil's National Civil Aviation Agency

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 Strongly Refutes False Allegations, Clarifies Misinformation Causing Stock Volatility

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.

EHang: Explosive Growth Forecast (Rating Upgrade)

2Q results showed strong revenue growth, breaking even on a non-GAAP basis, with surging orders and positive guidance for 3Q. More market entrants in eVTOL are unlikely to have an impact on EHang in the near future. EHang's business is now more sustainable with a healthy balance sheet and a large order backlog.

EHang: Solid Q2 Beat As eVTOL Hype Materialized

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

Why EHang Holdings Stock Crushed the Market Today

EHang Holdings Limited (NASDAQ:EH ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Anne Ji - Senior Director, Investor Relations Huazhi Hu - Founder, Chairman & Chief Executive Officer Zhao Wang - Co-Chief Operating Officer Conor Yang - Chief Financial Officer & Director of the Board Conference Call Participants Laura Lee - Deutsche Bank Ting Song - Goldman Sachs Cindy Wang - Morgan Stanley Yu Chen - Haitong Securities Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the EHang's Second Quarter of 2024 Earnings Conference Call.

EHang Holdings Limited (EH) Q2 2024 Earnings Call Transcript

EHang Holdings (NASDAQ: EH ) just reported results for the second quarter of 2024. EHang Holdings reported earnings per share of 0.2 cent.

EH Stock Earnings: EHang Holdings Beats EPS, Beats Revenue for Q2 2024

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.

EHang Reports Second Quarter 2024 Unaudited Financial Results

Joby Aviation

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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.

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