Ehang 216 Passenger Vehicles Take Flight: Aerial Mobility in China

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EHang Q2 2022 Earnings Call, aerial mobility in China EHang’s EH216-S Passenger-Carrying Aerial Vehicles Successfully Conducted Commercial Flight Demonstrations in Guangzhou and Hefei: Moving Aerial Mobility in China Forward

EHang Holdings Limited (Nasdaq: EH), a worldwide leader in metropolitan air movement (” UAM”) innovation, has actually revealed the effective launching business flight presentations of its licensed EH216-S pilotless passenger-carrying aerial automobiles in Guangzhou and Hefei. These occasions symbolized a considerable turning point in stabilizing EH216-S flights for aerial sightseeing at regional picturesque areas, and for aerial movement in China.

Both cities, tactical partners with EHang, were picked as extra presentation areas for UAM operations to develop a leading existence in the emerging low-altitude economy market.

The grand launch occasions at Jiulong Lake Park in Guangzhou and Luogang Central Park in Hefei showcased the EH216-S airplane, which had actually acquired Standard Airworthiness Certificates from the Civil Aviation Administration of China (CAAC). Federal government authorities, residents, and agents from different sectors experienced EH216-S flights, highlighting substantial interest in this ingenious kind of air movement.

The very first EH216-S passenger-carrying unmanned aerial automobile, geared up with the world’s very first basic airworthiness certificate, was effectively provided to ETON, a smart air travel innovation subsidiary. Functional websites, consisting of Jiulong Lake in Guangzhou and more under advancement in Huangpu district, mark the start of EH216-S release for aerial sightseeing and logistics.

Guangzhou Development District Communications Investment Group Co., Ltd. and Guangzhou Industrial Investment Capital collectively revealed the facility of a RMB 10 billion Guangzhou Development District Low-Altitude Industry Venture Capital Fund.

In Hefei, the Luogang Central Park, changed from the previous Hefei Luogang International Airport, has actually been designated as an electrical vertical liftoff and landing (” eVTOL”) airplane operation website. The Hefei federal government prepares to team up with EHang to broaden aerial sightseeing flight paths to more picturesque areas.

Under a tactical collaboration arrangement with EHang, the Hefei Municipal Government prepares to acquire a minimum of 100 systems of EH216 series pilotless aerial automobiles or supply funding assistance of as much as US$ 100 million.

Recognizing the low-altitude economy as a tactical emerging market, both Guangzhou and Hefei have actually placed themselves as essential entrances for China’s emerging low-altitude economy. The Guangzhou Huangpu district federal government has actually launched comprehensive guidelines to promote top quality advancement of the low-altitude economy, providing aids of as much as RMB 30 million for qualified jobs.

Mr. Jie Chen, Standing Committee Member of Guangzhou Municipal Committee, Executive Vice Mayor of Guangzhou, and Secretary of Huangpu District Committee, revealed self-confidence that the launching business flight presentations would increase market self-confidence and accelerate its advancement.

In Hefei, the federal government introduced the Action Plan for Low-Altitude Economic Development of Hefei (2023-2025), laying out 20 standards to construct a low-altitude economy airworthiness, cluster and screening accreditation base, flight service and management platform, and business flight paths for aerial tourist and logistics.

Mr. Huazhi Hu, Founder, Chairman, and CEO of EHang, highlighted the business’s development in the worldwide UAM market:

” We are delighted that EHang continues conducting in the worldwide emerging UAM market. From the world’s first-of-its-kind pilotless passenger-carrying aerial automobile system type certificate, our very first shipment with basic airworthiness certificate, to today’s launching business flight presentations with accredited EH216-S airplane in Guangzhou and Hefei, we are making constant development towards business operations, as prepared. This quick development has actually been boosted by the undeviating assistance of our partners, regulators and nationwide policies concentrated on establishing China’s low-altitude economy, specifically in UAM. We are positive that our collective efforts will guarantee a smooth launch of business operations for EH216-S in these pioneering cities in the future.”

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