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EHang secures $22 million strategic investment for eVTOL development

Nov 16, 2024over 1 year ago

Contract Type

partnership

Guangzhou CityTransportationAerospace

Description

EHang has secured a strategic investment of over US$22 million from investors including Zhuhai Enpower Electric and a strategic institutional investor from the Middle East. The investment is part of a long-term partnership and technology development cooperation aimed at co-developing high-performance electric motor drive systems for EHang’s suite of eVTOL aircraft. The partnership reflects EHang’s growth potential as a global eVTOL leader and will support the company's international expansion.

Company Information

Company

EHang Holdings Limited

Location

Guangzhou City, Guangdong, China

About

EHang Holdings Limited is the world’s leading urban air mobility technology platform company, specializing in pilotless eVTOL aircraft for UAM services. The company has achieved groundbreaking milestones in obtaining various certificates for their aircraft.

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Strategic partnership established
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