STOCK TITAN

EHang Partners with Giancarlo Zema Design Group to Build Eco-Sustainable Vertiport in Italy

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

EHang Holdings Limited (Nasdaq: EH) has announced a partnership with Italian architecture firm Giancarlo Zema Design Group to develop an eco-sustainable vertiport in Italy, utilizing EHang's autonomous aerial vehicle (AAV) technology. The vertiport will feature green materials and include energy-generating photovoltaic panels, designed to recharge EH216 passenger-grade AAVs. This initiative aims to enhance urban air mobility (UAM) and tap into the eco-tourism sector in Europe and Southeast Asia.

Positive
  • Partnership with Giancarlo Zema Design Group enhances EHang's presence in the EU market.
  • Development of an eco-sustainable vertiport aligns with global trends in urban air mobility and sustainability.
  • The vertiport is designed to generate over 300 KW of electric power daily, promoting eco-friendly operations.
Negative
  • None.

GUANGZHOU, China, March 16, 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 to partner with an Italian architecture firm Giancarlo Zema Design Group (GZDG) to extend its air mobility solutions in the EU. With EHang’s passenger-grade AAV technologies and air mobility solutions, GZDG has designed and will build an eco-sustainable vertiport in Italy. The vertiport will use green design and construction materials, and can generate energy to recharge the EH216 passenger-grade AAVs.

Vertiports will play a significant role in the Urban Air Mobility (UAM) market and the new era of flight. When integrated into the existing transportation infrastructure, vertiports can serve as aerial hubs for tourists.

Inspired by the native African tree Baobab, GZDG came up with the natural Baobab design: a 30-meter-high tower, with a steel and laminated wood structure, a waiting room, a café, a 200-square-meter panoramic restaurant and connecting lift. The take off-and-landing platform will be set on the roof terrace. The vertiport is built with non-slip photovoltaic panels that can generate over 300 KW of electric power per day. The platform will have fully independent plug-and-play charging infrastructures that can be used to recharge EHang’s AAVs.

With the Baobab vertiport, EHang and GZDG aim to enter the emerging global eco-tourism sector, with multiple projects being planned in Europe and Southeast Asia.

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.

About Giancarlo Zema Design Group
The Giancarlo Zema Design Group is an innovative architecture practice in Rome, specialized in smart eco-sustainable projects, semi submerged architectural structures, floating habitats, yacht and interior design. Founded in 2001 by the architect Giancarlo Zema as a dynamic and flexible organization, it covers the entire design process, from concept to the executive details. For more information, please visit www.giancarlozema.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/e3499bca-02ee-4917-9cd7-48058763fcf7

https://www.globenewswire.com/NewsRoom/AttachmentNg/01092a6b-2919-42bf-91d4-61b44f0a77b4


FAQ

What is the partnership between EHang and Giancarlo Zema Design Group about?

EHang is partnering with Giancarlo Zema Design Group to develop an eco-sustainable vertiport in Italy that uses AAV technology.

How does the vertiport benefit EHang's AAVs?

The vertiport will include photovoltaic panels capable of generating energy to recharge EHang's EH216 passenger-grade AAVs.

What role will vertiports play in the Urban Air Mobility market?

Vertiports will act as aerial hubs integrated within existing transportation systems, promoting tourism and urban air mobility.

How does the new vertiport align with eco-tourism efforts?

The eco-sustainable vertiport is part of EHang's strategy to enter the global eco-tourism sector, with multiple projects planned in Europe and Southeast Asia.

What are the features of the Baobab vertiport design?

The Baobab vertiport features a 30-meter-high tower with a waiting room, café, panoramic restaurant, and chargers for AAVs.

EHang Holdings Limited ADS

NASDAQ:EH

EH Rankings

EH Latest News

EH Stock Data

919.33M
43.71M
0.76%
30.93%
9.21%
Aerospace & Defense
Industrials
Link
United States of America
Guangzhou