STOCK TITAN

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

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership

EHang Holdings (Nasdaq: EH) has announced a strategic partnership with Zhuhai Enpower Electric (SZ300681) to jointly develop high-performance electric motors and motor controllers for EHang's eVTOL aircraft. The collaboration aims to create customized electric motor drive systems meeting civil aviation authorities' requirements. Enpower's 'integrated core' technology will be used to develop lighter, more powerful, and better-cooled motor solutions with broader compatibility across EHang's eVTOL models. This partnership combines Enpower's electric power systems expertise with EHang's eVTOL leadership to advance Urban Air Mobility technology.

EHang Holdings (Nasdaq: EH) ha annunciato una partnership strategica con Zhuhai Enpower Electric (SZ300681) per sviluppare congiuntamente motori elettrici ad alte prestazioni e controllori di motore per gli aeromobili eVTOL di EHang. La collaborazione mira a creare sistemi di azionamento per motori elettrici personalizzati che soddisfino i requisiti delle autorità dell'aviazione civile. La tecnologia 'core integrato' di Enpower sarà utilizzata per sviluppare soluzioni di motore più leggere, potenti e ben raffreddate, con una compatibilità più ampia tra i modelli eVTOL di EHang. Questa partnership combina l'expertise di Enpower nei sistemi di energia elettrica con la leadership di EHang nel settore eVTOL per promuovere la tecnologia della Mobilità Aerea Urbana.

EHang Holdings (Nasdaq: EH) ha anunciado una asociación estratégica con Zhuhai Enpower Electric (SZ300681) para desarrollar conjuntamente motores eléctricos de alto rendimiento y controladores de motores para los aviones eVTOL de EHang. La colaboración tiene como objetivo crear sistemas de accionamiento de motores eléctricos personalizados que cumplan con los requisitos de las autoridades de aviación civil. La tecnología de 'núcleo integrado' de Enpower se utilizará para desarrollar soluciones de motor más ligeras, potentes y mejor refrigeradas, con una mayor compatibilidad entre los modelos eVTOL de EHang. Esta asociación combina la experiencia de Enpower en sistemas de energía eléctrica con el liderazgo de EHang en eVTOL para avanzar en la tecnología de la Movilidad Aérea Urbana.

EHang Holdings (Nasdaq: EH)는 Zhuhai Enpower Electric (SZ300681)와의 전략적 파트너십을 발표하여 EHang의 eVTOL 항공기를 위한 고성능 전기 모터 및 모터 제어기를 공동 개발할 계획입니다. 이번 협력은 민간 항공 당국의 요구 사항을 충족하는 맞춤형 전기 모터 구동 시스템을 만드는 것을 목표로 합니다. Enpower의 '통합 코어' 기술을 활용하여 EHang의 eVTOL 모델 전반에 걸쳐 더 가볍고, 더 강력하며, 더 잘 냉각되는 모터 솔루션을 개발할 것입니다. 이 파트너십은 Enpower의 전기 에너지 시스템 전문성과 EHang의 eVTOL 리더십을 결합하여 도시 공중 이동성 기술을 발전시키려 합니다.

EHang Holdings (Nasdaq: EH) a annoncé un partenariat stratégique avec Zhuhai Enpower Electric (SZ300681) pour développer conjointement des moteurs électriques haute performance et des contrôleurs de moteur pour les avions eVTOL d'EHang. Cette collaboration vise à créer des systèmes d'entraînement de moteur électrique personnalisés répondant aux exigences des autorités de l'aviation civile. La technologie 'cœur intégré' d'Enpower sera utilisée pour développer des solutions de moteur plus légères, plus puissantes et mieux refroidies, avec une compatibilité élargie à travers les modèles eVTOL d'EHang. Ce partenariat combine l'expertise d'Enpower dans les systèmes d'énergie électrique avec le leadership d'EHang dans le domaine eVTOL pour faire progresser la technologie de la Mobilité Aérienne Urbaine.

EHang Holdings (Nasdaq: EH) hat eine strategische Partnerschaft mit Zhuhai Enpower Electric (SZ300681) angekündigt, um gemeinsam leistungsstarke Elektromotoren und Motorsteuerungen für die eVTOL-Flugzeuge von EHang zu entwickeln. Ziel der Zusammenarbeit ist es, anpassbare elektrische Antriebssysteme zu schaffen, die den Anforderungen der zivilen Luftfahrtbehörden entsprechen. Die 'integrierte Kern'-Technologie von Enpower wird verwendet, um leichtere, leistungsstärkere und besser gekühlte Motorlösungen mit größerer Kompatibilität für die eVTOL-Modelle von EHang zu entwickeln. Diese Partnerschaft verbindet die Expertise von Enpower in elektronischen Energiesystemen mit der Führungsrolle von EHang im Bereich eVTOL, um die Technologie der Urban Air Mobility voranzutreiben.

Positive
  • Strategic partnership to develop advanced motor systems for eVTOL aircraft
  • Technology improvement potential through Enpower's 'integrated core' technology
  • Expected enhancement in product performance and reliability
Negative
  • None.

Insights

This strategic partnership marks a significant technological advancement for EHang's eVTOL development. The collaboration with Enpower, leveraging their "integrated core" technology, addresses critical performance aspects including weight reduction, power density improvement and enhanced cooling capabilities. The customized electric motor drive systems will be particularly valuable for meeting stringent aviation certification requirements.

The partnership strengthens EHang's vertical integration strategy and potentially reduces dependency on third-party suppliers. Enpower's nearly 20 years of experience in electric power systems provides EHang with valuable expertise in a critical component area. This could accelerate EHang's path to commercialization and help maintain competitive advantages in the rapidly evolving UAM market.

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

(Photo: Signing Ceremony of Strategic Partnership and Technology Development Cooperation Agreements between EHang and Enpower)

The collaboration will focus on creating customized electric motor drive systems that meet the unique specifications of EHang’s diverse eVTOL products and the rigorous airworthiness requirements of civil aviation authorities. Enpower’s state-of-the-art “integrated core” technology will be instrumental in refining the motor solutions of EHang eVTOLs, targeting an integrated design of electric motors and motor controllers with lighter weight, higher power density, superior cooling performance, and broader compatibility across EHang’s eVTOL models. This strategic move is set to elevate the performance and reliability of EHang’s eVTOL fleet, addressing the industry’s evolving needs.

“Enpower is thrilled to join forces with EHang, a true pioneer in the eVTOL sector,” said Mr. Guibin Jiang, Chairman of Enpower. “By combining our nearly two decades of expertise in electric power systems with EHang’s leadership in intelligent eVTOL, we are poised to innovate and industrialize top-tier motor solutions, propelling the UAM industry to new heights.”

Mr. Huazhi Hu, EHang’s Founder, Chairman and Chief Executive Officer, commented, “At EHang, we are committed to realizing urban air mobility. This strategic partnership with Enpower not only validates our vision but also provides the necessary impetus for our goals. Together, we will redefine the future of transportation, making it safer, more efficient, and environmentally friendly. We look forward to the collaboration with more partners from upstream and downstream in the UAM sector and the achievements that lie ahead.”

About EHang
EHang (Nasdaq: EH) is the world’s leading urban air mobility (“UAM”) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (“UAV”) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang’s flagship product EH216-S has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

About Enpower
Established in 2005, Zhuhai Enpower Electric Co., Ltd. is a leading NEV power system provider, listed on the ChiNext Market of Shenzhen Stock Exchange (stock code: 300681). Known for its innovative “integrated core” technology, Enpower partners with major automotive and component groups worldwide, offering products that are efficient, lightweight, and cost-effective. For more information, please visit www.enpower.com.

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Media Contact: pr@ehang.com
Investor Contact: ir@ehang.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/04da94bf-6c3b-44f2-940f-ed20e6218b47


FAQ

What is the purpose of EHang's partnership with Enpower announced in November 2024?

EHang partnered with Enpower to co-develop high-performance electric motors and motor controllers for their eVTOL aircraft, focusing on creating customized electric motor drive systems that meet civil aviation requirements.

How will Enpower's technology benefit EHang's (EH) eVTOL aircraft?

Enpower's 'integrated core' technology will help create lighter, more powerful motor solutions with better cooling performance and broader compatibility across EHang's eVTOL models.

What are the main technological improvements expected from the EHang (EH) and Enpower partnership?

The partnership aims to deliver integrated electric motors and motor controllers with lighter weight, higher power density, superior cooling performance, and broader compatibility across EHang's eVTOL fleet.

EHang Holdings Limited ADS

NASDAQ:EH

EH Rankings

EH Latest News

EH Stock Data

1.06B
88.09M
0.76%
32.3%
9.89%
Aerospace & Defense
Industrials
Link
United States of America
Guangzhou