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Stock impact report

EHang Partners with Changan Automobile on Flying Cars to Create an Innovative Way for Personal Transportation

EHang Holdings Limited - ADS (EH) 
Company Research Source: GlobeNewswire
GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer listed on the Shenzhen Stock Exchange (ticker symbol:000625), in the presence of the Chongqing Municipal Government and representatives from various industry sectors. The parties will collaborate on the research and development, manufacturing, sales, and operation of flying car-related products, including electric vertical takeoff and landing (“eVTOL”) aircraft and innovative flying cars. Leveraging EHang's strong product development capabilities in aerial vehicles and low-altitude flight management technology solutions and combining Changan Automobile's robust production and manufacturing foundation and rich market resources in Show less Read more
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