EHang (NASDAQ: EH)

We love you say sci-fi movie come into fact, Mr. Colum😊 And it's a reality here! Come experience everyone🚁🔋

Our Q2 2024 results are now available. Here are the key highlights:   Strong Revenues Growth - Quarterly revenues up 919.6% YoY. Achieved quarterly adjusted net income and maintained positive operating cash flow for the 3rd consecutive quarter. Liquidity strengthened with US$ 76.2 million raised YTD through ATM, which will not continue for remainder of 2024.   Deliveries Ramp-Up - Delivered 49 units of EH216-S in Q2 2024, marking the highest quarterly delivery volume in company’s history, compared with 5 units in Q2 2023 and 26 units in Q1 2024.   Certification Leadership - Secured EH216-S Production Certificate (PC) from CAAC, cleaning path for mass production of EH216-S in April 2024.   Operational Preparation - Our pilotless eVTOL Air Operator Certificate (OC) applications submitted separately by EHang General Aviation and Hefei Heyi Aviation have been accepted by the CAAC; Partnered with China Southern Airlines General Aviation for collaborative eVTOL operations.   Increasing Orders – Secured sizeable new orders in Shanxi, Zhejiang with full payments received, plus partnered with KC Smart Mobility with purchase plan to advance sale and tourism and travel operations in HK, Macau and Hubei Province in China.   International Expansion – Reached strategic collaboration with MLG and ADIO in UAE and completed debut flights in UAE and Saudi Arabia.   Tech Depth Improvement - Partnered with GBT to develop ultra-fast/eXtreme fast charging battery solutions.   Get the full report at: https://lnkd.in/gCzZj98P  

As a passenger on this debut flight in Nan'an, Deputy Mayor Chen Qian shared her experience, "The EH216-S pilotless eVTOL took off and flew extremely smoothly, offering a more comfortable ride than traditional aircrafts. From up high, I could feel the poetic charm of Nan'an and envision the vast development prospects of low-altitude economy. This advanced air mobility not only brings convenience to people's lives but also injects new vitality into Nan'an's economic development." #EHang #eVTOL #AAM #UAM

Broadened Partnership - Hi Nan'an! EHang's EH216-S has completed the seaside city's 1st passenger-carrying pilotless eVTOL flight today! 5 units of EH216-S were delivered to local customers, planned for applications in low-altitude tourism, urban transportation, and emergency response. Meanwhile, construction has begun on the Nan'an City Urban Air Mobility Operation Center in Xinhai Wetland Park. With support from Nan'an city's government and partners, EH216-S will gradually operate in scenic spots like Zheng Chenggong Memorial and Xinhai Wetland Park, boosting the city's low-altitude economy development! #EHang #eVTOL #AAM #UAM https://lnkd.in/gtNG9VhD 

📽️Watch the recap video for a firsthand look at air mobility in action✈️ Yesterday, our EH216-S pilotless passenger-carrying eVTOL and logistics eVTOL took off in Zhuhai, a seaside city with lots of islands that's actively embracing China’s low-altitude economy initiative. The passenger-carrying flights mark the first of their kind in Zhuhai, offering several passengers an aerial sightseeing experience. These flights were conducted by the EH216-S eVTOLs already delivered to our local customer, Wanshan Development Group Co., Ltd. At the flight event, China’s first low-altitude logistics route for islands was launched, and our logistics eVTOL completed a 25-minute flight carrying aquatic products, reducing the original transportation time by 80%. Among many Chinese cities, Zhuhai is vigorously developing its low-altitude economy. In June, the city issued several measures to support the high-quality development of the low-altitude economy, proposing to expand low-altitude flight application scenarios and encourage the commercial operation of eVTOLs. Looking ahead, EHang will continue to advance the operation of eVTOLs in island tourism, inter-island transportation, and logistics in Zhuhai, contributing to the city's vision of becoming a "Sky City". 🌆✈️ #eVTOL #UAM #AAM #EHang

The order of 50-unit EH216-S we received from Xishan Tourism in May is now taking off! 🛩️ Last quarter, we delivered the first batch of EH216-S to them, and yesterday, we successfully completed debut passenger flights in Taiyuan City with two aircraft taking to the skies simultaneously! Next, we will work closely with local partners to secure Air Operator Certificates, paving the way for new aerial experiences to reach more people! Learn more at: https://lnkd.in/gAAgHZTU #eVTOL #AAM #UAM #EHang

We are thrilled to share that EHang's pilotless eVTOL Air Operator Certificate (AOC or OC) application has been accepted by Civil Aviation Administration of China! This world-first milestone paves the way for global commercial operation standards for passenger-carrying eVTOLs, solidifying EH216-S's path to market. The final step to bringing urban air mobility to the consumer market is now in sight! 🛫️ #eVTOL #UAM #AAM #EHang #EH216 Learn more at: https://lnkd.in/ghBm6sGD

Our Founder, Chairman and CEO, Huazhi Hu, was honored to speak at the Hong Kong Legislative Council's seminar on low-altitude economy development this week. He highlighted the Greater Bay Area's strong manufacturing foundation and Hong Kong's strategic advantages: high population density, diverse market demand, and prime location for urban air mobility. ✈️🌱He also emphasized the need for collaboration between HK SAR, the Civil Aviation Department, and regional regulatory bodies to build a nurturing policy environment for the low-altitude economy, making UAM a reality. In the near future, we can expect a 30km 'air taxi' urban living circle in Hong Kong, ensuring safe, automated, eco-friendly, and efficient air travel for all. 🏙️ At the seminar, Legislative Councilor Peifan Ge proposed establishing an inter-departmental working group to develop a "low-altitude economy development strategy”. She emphasized the importance of deregulation, providing supportive policies and offering coordinated, one-stop services. As change unfolds around us, we're more excited than ever about the future of Urban Air Mobility. #UAM #AAM #eVTOL #EHang #HongKong

Growing Orders - we've received 30 units of our EH216-S pilotless eVTOL from KC Smart Mobility, a subsidiary of Hong Kong's largest non-franchised bus operator, Kwoon Chung Bus Holdings Limited! With HK aligning itself with China's low-altitude economy strategy and KC's rich tourism resources, we're set to take the low-altitude economy to new heights in HK, Macau, and Hubei Province! Learn more at: https://lnkd.in/g2SWT-yk

Thrilled to share that EHang took to the skies at the CANSO (Civil Air Navigation Services Organization) APAC annual meeting in Chengdu, China on July 10, 2024. 🚀 Our EH216-S pilotless eVTOL made its passenger-carrying debut, impressing CANSO Director General Mr. Simon Hocquard , ICAO Asia & Pacific Office Regional Director Mr. Tao Ma, and CAAC Department of International Affairs Director Ms. Jiru Yang with its stable, automated, and eco-friendly flight. They recognized our global leadership in certification, commercial operations layout, and low-altitude management platform construction.🚁✨ During the event, CAAC Deputy Administrator Mr. Bing Ma highlighted CANSO's commitment to global civil aviation exchange, mutual trust, and innovation. He emphasized China's active role in international cooperation, strengthening technical exchanges with neighboring countries and regions, and participating in international standard-setting. With global civil aviation cooperation and exchange gaining momentum, we're more confident than ever in UAM's global development!🌍✈️ #UAM #AAM #eVTOL #EHang