EHang Holdings Ltd - ADR (EH) Sector
Industrials

(Current) $11.28
0.36 (3.3%) Open Price: 11.23

 

EHang Holdings Ltd - ADR is a Chinese autonomous aerial vehicle (AAV) technology company that was founded in 2014 by Huazhi Hu. EHang's mission is to make safe, autonomous and eco-friendly air mobility accessible to everyone. The company designs, develops, manufactures, and operates AAVs, including passenger drones for urban air mobility (UAM) and logistics drones for commercial use.

 

EHang has two primary product lines: the EHang 216 passenger drone and the Falcon logistics drone. The EHang 216 passenger drone can carry up to two passengers and can fly for up to 30 minutes on a single charge. The Falcon logistics drone can carry payloads of up to 220 pounds and has a range of up to 62 miles. EHang's AAVs are equipped with autonomous flying capabilities, advanced safety features, and intelligent control systems.

 

EHang has been working with various government agencies and organizations to promote the adoption of its AAVs. In 2019, the company signed a strategic cooperation agreement with the Civil Aviation Administration of China (CAAC) to promote the development of the UAM industry in China. EHang has also been collaborating with local governments in China to launch pilot UAM programs in several cities, including Guangzhou, Hezhou, and Shenyang.

 

In addition to its operations in China, EHang has been expanding its business globally. In 2019, the company launched a pilot UAM program in Vienna, Austria, in partnership with the Austrian aerospace company FACC. EHang has also signed agreements with companies in South Korea, Spain, and the Netherlands to promote the development of the UAM industry in these countries.

 

EHang has been recognized for its innovative technology and has received several awards for its AAVs. In 2016, the company's EHang 184 passenger drone was named one of the 25 Best Inventions of the Year by Time magazine. EHang has also been recognized by the World Economic Forum as a Technology Pioneer for its contribution to the development of the UAM industry.

 



 

(03/01/24) $11.23
(03/02/24) $10.92
(03/02/24) (Qty.)460,558
(03/01/24) $10.76
(03/01/24) $11.45
(03/19/23) $8.63
(10/08/23) $25.78
Stocktwits
LetsEncrypt SSL Secure Stripe Payment Processing