EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the
world’s leading Urban Air Mobility (“UAM”) technology platform
company, today announced the launch of a UAM Hub (the “Hub”) at
Luogang Central Park in Hefei, Anhui Province, marking the second
vertiport established in Luogang Park following the opening of the
Urban Air Mobility Operations Center in May, which will serve as a
key infrastructure for the future operation of EH216-S pilotless
passenger-carrying aerial vehicles. This Hub also sets a new
milestone in EHang's partnership with Hefei City in the
low-altitude economy sector and will serve as a demonstration
project for the commercial operations of electric vertical takeoff
and landing (“eVTOL”) aircraft in Eastern China.
(The Launch Ceremony of Hefei UAM Hub)
(EHang UAM Hub in Hefei Luogang Central Park)
The Launch Event of UAM Hub, High-Energy
Solid-State Battery Technology Breakthrough and Hefei Low-Altitude
Planning was held in Hefei today. Esteemed guests, including Mr.
Hongwen Zhang, member of the Standing Committee of Anhui Province
and Secretary of Hefei Municipal Committee, and Mr. Fei Yuan,
member of the Standing Committee of Hefei and Deputy Mayor,
attended the event, witnessing the launch of the UAM hub.
Titled "Ascend", the UAM Hub’s upward spiral
design symbolizes the rise of the eVTOL low-altitude economy. It
spans approximately 1,963 square meters and is designed to
accommodate 10 to 20 units of EH216-S aircraft. It features
multiple dedicated zones for ticketing, passenger waiting,
boarding, and a command-and-control center and charging and
maintenance areas. It will provide EH216-S flight services for the
public according to the operational standard after obtaining the
Air Operator Certificate (“OC”). The hub also serves the functions
of maintenance and provides educational services.
The UAM Hub will be operated by Hefei Heyi
Aviation Co., Ltd. (“Heyi Aviation”), as a complement to another
UAM operation center inaugurated in May 2024 also within Luogang
Central Park. This operation center is equipped to operate 10 units
of EH216-S aircraft and store up to 50 eVTOL aircraft, enabling
low-altitude shuttle flights within the park.
(The first UAM Operation Center launched at Hefei
Luogang Central Park)
At today's events, the Hefei Municipal
Government released the Low altitude Infrastructure and Scenario
Application Plan for Urban Air Mobility, proposing to establish a
three-level infrastructure network for low altitude takeoff and
landing in Hefei based on application scenario services, including
UAM hubs, UAM bases, and takeoff and landing points, serving three
main use cases of air shuttle, aerial tourism, and cross-district
transportation in the city's main areas. As infrastructure network
continues to develop and advance with more eVTOL aircraft
integrated into operations, Hefei’s low-altitude economy is poised
for stronger momentum.
(The Hefei Municipal Government released the Low
altitude Infrastructure and Scenario Application Plan for Urban Air
Traffic)
Since its strategic partnership with the Hefei Municipal
Government began in October 2023, EHang has been consistently
making strides in advancing its low-altitude development blueprint
in the region. In the fourth quarter of 2023, EHang delivered 15
units of EH216-S to a Hefei customer and successfully conducted a
debut commercial flight demonstration at Luogang Park in December
2023. In March 2024, EHang and the Hefei Municipal Government
jointly established Heyi Aviation, a low-altitude operations
company, to oversee implementation and operation of low-altitude
projects in Hefei. In July, the Civil Aviation Administration of
China (the “CAAC”) formally accepted Heyi Aviation’s application
for an Air Operator Certificate (the“AOC” or “OC”) for civil
pilotless passenger-carrying aerial vehicles. The first OC in the
eVTOL industry is expected to be obtained within this year. Once
the OC is obtained, Heyi Aviation will launch commercial operations
of the EH216-S pilotless passenger-carrying aerial vehicles across
various scenarios, including sightseeing tourism, air shuttle, and
aerial logistics at the Hub and the Operation Center in Luogang
Central Park, offering the public efficient and convenient UAM
services. The Luogang UAM Operations Center and Hub were completed
and inaugurated in May and November of this year, respectively,
providing necessary infrastructure support to accelerate the
commercial eVTOL aircraft operations. In the third quarter of 2024,
EHang delivered five units of EH216-S to the Hefei customer,
increasing the number of eVTOL aircraft deployed in Luogang Central
Park.
EHang’s rapid progress in implementing its low-altitude projects
in Hefei is largely attributable to the comprehensive support in
the low-altitude sector provided by the local government. As a
pioneer and demonstration city for low-altitude airspace management
reform, Hefei has been fully committed to driving the development
of the low-altitude economy. The city has successively introduced
the “Hefei Low-Altitude Economic Development Action Plan
(2023–2025)” along with various supportive policies designed to
stimulate growth in this sector. Additionally, Hefei has
established a dedicated task force for low-altitude economic
development and offers subsidies among other means of support for
the launch of eVTOL routes, infrastructure construction, and more
related initiatives. EHang is working with the local regulatory
authorities to promote airspace planning, the air traffic
management platform, etc. With the gradual completion of the
vertiport infrastructure network in Luogang Park, Hefei will be at
the forefront of innovating the low-altitude management model to
meet the development needs of the low-altitude economy.
Mr. Yuan Fei, Member of the Standing Committee of Hefei and
Deputy Mayor, stated, "Hefei will continue to invest in the low
altitude economy industry chain to create a more prosperous
eco-system. Our key focus lies in the integration of innovative
projects, industrial chain, capital channels and talents,
broadening low-altitude application, creating resilient business
model and driving the consumption in low-altitude economy."
At the event ceremony, Conor Yang, Chief Financial Officer of
EHang, commented, “EHang is accelerating the commercial operations
of EH216-S and continuously to partner with local governments
across multiple regions to build exemplary models of low-altitude
economic operations. As a strategic partner of Hefei City, EHang
has completed a debut commercial flight demonstration in Hefei and
assisted in the construction of two vertiports. The newly completed
Hefei UAM Hub stands as an outstanding testament to the
collaborative innovation between EHang and its partners in the
low-altitude operational ecosystem, reflecting the strong and
critical support from both Anhui and Hefei governments for
low-altitude economic development. With the imminent obtaining of
the world’s first eVTOL OC, EHang will work with partners to
accelerate the commercial operation of eVTOL, driving Hefei's
low-altitude economy to achieve high-quality development.”
About EHangEHang (Nasdaq: EH) is the world’s
leading urban air mobility (“UAM”) technology platform company. Our
mission is to enable safe, autonomous, and eco-friendly air
mobility accessible to everyone. EHang provides customers in
various industries with unmanned aerial vehicle (“UAV”) systems and
solutions: air mobility (including passenger transportation and
logistics), smart city management, and aerial media solutions.
EHang’s flagship product EH216-S has obtained the world’s first
type certificate, production certificate and standard airworthiness
certificate for pilotless eVTOL issued by the Civil Aviation
Administration of China. As the forerunner of cutting-edge UAV
technologies and commercial solutions in the global 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.
Safe Harbor StatementThis 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. Statements that are not historical facts, including
statements about management’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to those
relating to certifications, our expectations regarding demand for,
and market acceptance of, our products and solutions and the
commercialization of UAM services, our relationships with strategic
partners, and current litigation and potential litigation involving
us. 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.
Investor
Contact: ir@ehang.comMedia
Contact: pr@ehang.com
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