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EHang Long-Range VT-30 AAV Makes Global Debut Before Zhuhai Airshow

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EHang Holdings Limited (Nasdaq: EH) revealed its VT-30 dual-seat autonomous aerial vehicle at the Jiuzhou Airport, marking its entry into the inter-city air mobility sector. The VT-30 features hybrid lift capabilities, designed for a flight distance of 300 km and a duration of 100 minutes. EHang aims to enhance urban air mobility with this new model, complementing the existing EHang 216. The company received two awards recognizing its contributions to the UAV industry at the 2021 General Aviation Night event.

Positive
  • Launch of the VT-30 dual-seat AAV enhances product offerings in inter-city transportation.
  • VT-30 features advanced safety, autonomy, and low noise, marking innovation in UAM technology.
  • EHang received two industry awards for contributions to the UAV sector, highlighting its market leadership.
Negative
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GUANGZHOU, China, Sept. 27, 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 that its long-range dual-seat passenger-grade AAV VT-30 made its global debut at the unveiling ceremony and exhibition at the Jiuzhou Airport in Zhuhai, Guangdong Province, before the upcoming 13th China International Aviation and Aerospace Exhibition (“Zhuhai Air Show”).

The VT-30, officially released this year in May, is the first in EHang’s product suite that is designed for inter-city transportation. With a hybrid structure, VT-30 is designed to achieve a maximum balance of hybrid lift and push, which has the advantages of intelligent safety features, autonomous flying capabilities, cluster management, low noise and so on. The VT-30 is designed to carry two passengers, with a designed flight distance of 300km and a designed flight time of 100 minutes.

Edward Xu, Chief Strategy Officer of EHang said, “EHang will continue to innovate and improve the future Urban Air Mobility (“UAM”) ecosystem. The VT-30, which focuses on inter-city travel, will be a complement to the EHang 216, which focuses on intra-city air mobility, to bring safe, autonomous and eco-friendly air mobility for everyone.”

During today’s 2021 5th Central and Southern China General Aviation Development Forum, Edward Xu gave a keynote speech on the topic of “Driving UAM Innovative Transformation”. He stated that the upgraded UAM operations with fully autonomous flying technologies can improve flight safety and quality of service. Moving forward, EHang will continue to advance the 100 Air Mobility Routes Initiative, accumulate data and experience for UAM operations, and promote the development of the UAM industry.

As a pioneer in the global UAM industry, EHang was granted two honors - the Guangdong Unmanned Aerial Vehicle (“UAV”) Industry Outstanding Contribution Award and the Guangdong UAV Social Responsibility Contribution Award - by the Guangdong General Aviation Association and the Guangdong UAV Industry Association at the 2021 2nd General Aviation Night event. These accolades reflect the industry’s recognition of EHang's active innovation in the exploration and development of general aviation.

Watch the VT-30 video: https://youtu.be/I7mMS6Ir7qs

About EHang
EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company. Our mission is to make safe, autonomous, and eco-friendly air mobility accessible to everyone. 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. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility (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.

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. 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
In the U.S.: Julia@blueshirtgroup.com
In China: Susie@blueshirtgroup.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/814427aa-81e6-4bd7-a0ee-000db986140f

https://www.globenewswire.com/NewsRoom/AttachmentNg/1e4028f9-40e6-4ef2-88af-afd810ab28c3


FAQ

What is the VT-30 launched by EHang?

The VT-30 is a dual-seat autonomous aerial vehicle designed for inter-city transportation with a flight range of 300 km.

When was the VT-30 unveiled?

The VT-30 was unveiled on September 27, 2021, at the Jiuzhou Airport in Zhuhai, China.

What accolades did EHang receive recently?

EHang received the Guangdong UAV Industry Outstanding Contribution Award and the Guangdong UAV Social Responsibility Contribution Award.

What is EHang's vision for the future of Urban Air Mobility?

EHang aims to innovate and improve Urban Air Mobility (UAM) by developing autonomous flying technologies and operating Air Mobility Routes.

How does the VT-30 compare to the EHang 216?

The VT-30 focuses on inter-city travel, while the EHang 216 is designed for intra-city air mobility.

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