EHang Holdings (EH) Partners with Wencheng County

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EHang Partners with Wencheng County, Securing Order for 30 Units of EH216-S and Purchase Plan for Additional 270 Units

June 21, 2024 9:36 AM EDT

GUANGZHOU, China, June 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (EHang or the Company) (Nasdaq: EH), the worlds leading urban air mobility (UAM) technology platform company, announced that it has signed a cooperation agreement with the government of Wencheng County, Wenzhou City, Zhejiang Province, to jointly develop UAM and supporting public service ecosystem for the low-altitude economy. Based on this cooperation, Wencheng County Transportation Development Group Co., Ltd. has signed a purchase agreement with EHang for 30 units of the EH216-S and has already paid 50% of the total contract price as a pre-delivery down payment, with the... More