Welcome to our dedicated page for Ehang Holdings news (Ticker: EH), a resource for investors and traders seeking the latest updates and insights on Ehang Holdings stock.
EHang Holdings Ltd (EH) pioneers autonomous aerial vehicles and smart city solutions through its innovative eVTOL aircraft and UAV systems. This news hub provides investors and industry observers with essential updates on EHang's technological advancements, regulatory progress, and strategic partnerships shaping urban air mobility.
Access authoritative coverage of earnings announcements, product certifications like the EH216-S airworthiness approval, and collaborations with municipal governments. The curated collection includes press releases on aerial logistics implementations, R&D breakthroughs in flight control systems, and expansions in low-altitude economy projects.
Key updates include developments in solid-state battery integration for extended flight endurance, smart city management applications, and progress toward commercial UAV operations. Bookmark this page for real-time insights into EHang's role in redefining sustainable transportation and its evolving market position.
EHang Holdings Limited (Nasdaq: EH) will release its unaudited financial results for the first two quarters of 2021 on August 25, 2021, before U.S. market opens. The earnings call is scheduled for 8:00 AM ET on the same day. Interested participants are encouraged to register in advance. A replay of the conference will be available until September 2, 2021. EHang aims to enhance air mobility through its autonomous aerial vehicle technology, positioning itself as a leader in the Urban Air Mobility industry.
EHang Holdings Limited (Nasdaq: EH) has commenced operations at its new autonomous aerial vehicle (AAV) production facility in Yunfu city, China, as of late June 2021. The facility spans approximately 24,000 square meters and includes areas for component manufacturing, aircraft assembly, research, and training. Investors are invited to the EHang Investor Day on August 18, 2021, with facility tours available. This expansion aims to enhance EHang's production capabilities in the growing Urban Air Mobility industry.
EHang Holdings Limited (Nasdaq: EH) has completed a technical examination for its EH216F autonomous aerial vehicle (AAV) by the China National Fire-Fighting Equipment Quality Supervision Testing Center. This examination confirms that the EH216F meets firefighting UAV standards, enhancing customer confidence and promoting recognition of EHang's firefighting solutions. The comprehensive 10-month evaluation included tests on flight control, wind resistance, and temperature adaptability. Officially launched in July 2020, the EH216F aims to improve urban high-rise firefighting.
EHang Holdings Limited (Nasdaq: EH) filed its annual report on Form 20-F for fiscal year ended December 31, 2020, with the SEC on June 15, 2021. The report is accessible on the company's investor relations website and the SEC's website. Shareholders can request a hard copy of the report containing audited consolidated financial statements at no charge. EHang is a leader in autonomous aerial vehicle technology, aiming to make air mobility safe and eco-friendly for various industries including passenger transportation and logistics.
EHang Holdings Limited (Nasdaq: EH) has actively engaged in COVID-19 relief efforts in Guangzhou, deploying its autonomous aerial vehicles (AAVs) since June 4. The company has utilized models like EHang 216 and EHang 216L for essential tasks such as aerial logistics and emergency transportation within quarantine zones. This initiative aims to reduce virus exposure for frontline workers and enhance the efficiency of coronavirus control measures. EHang remains committed to fulfilling its social responsibility amidst the pandemic.
EHang Holdings Limited (Nasdaq: EH) announced the successful maiden trial flight of its passenger-grade autonomous aerial vehicle, EHang 216, in Japan. This milestone marks EHang 216 as the first AAV to receive permission for outdoor trial flights in open airspace in Japan, facilitated by a permit from the Ministry of Land, Infrastructure, Transport and Tourism. The trial was conducted in collaboration with the Okayama Kurashiki Mizushima Aero & Space Industry Cluster Study Group. The event signifies progress in urban air mobility solutions and sets the stage for further development in Japan.
EHang Holdings Limited (Nasdaq: EH) has received a notice from Nasdaq for failing to timely file its annual report (Form 20-F) for the year ended December 31, 2020. This non-compliance with Nasdaq Listing Rule 5250(c)(1) requires the company to submit a compliance plan by July 19, 2021. If accepted, EHang may have until November 15, 2021, to regain compliance. The delay in filing is attributed to the need for additional time to complete the report. EHang is actively working to finalize and submit the report as soon as possible.
EHang Holdings Limited (Nasdaq: EH) announced the launch of its new electric passenger-grade autonomous aerial vehicle (AAV), the VT-30, designed for inter-city travel. The VT-30 can cover distances up to 300km, with a flight time of 100 minutes, enhancing urban air mobility. This hybrid AAV features eight propellers and a tri-redundancy control system for improved safety. It aims to provide an eco-friendly, efficient alternative to traditional transport, benefiting densely populated areas like the Greater Bay Area. EHang plans further testing to optimize safety and functionality.
EHang Holdings Limited (Nasdaq: EH) announced its management team's participation in several upcoming virtual investor conferences. Key dates include the Inaugural Morgan Stanley eVTOL/UAM Summit on May 12, Needham 16th Annual Technology & Media Conference on May 18, and the Goldman Sachs TechNet Conference Asia Pacific on May 27. Attendance is by invitation only, and interested investors should contact the respective banks for registration details. More information is available on EHang's Investor Relations website.
EHang Holdings Limited (Nasdaq: EH) reported total revenues of RMB54.6 million (US$8.4 million) for Q4 2020, nearly unchanged year-over-year. The company experienced a 10.1% decline in air mobility solutions revenues due to COVID-19 impacts. While the gross margin decreased slightly to 59.4%, adjusted gross margin reached a record 63.8%. The net loss for the quarter was RMB50.8 million (US$7.8 million), compared to a minimal loss in Q4 2019. For the full year, total revenues increased by 47.8% to RMB180.1 million (US$27.6 million), highlighting resilience despite pandemic challenges.
