On May 20, Ehang Intelligence announced the results for the first quarter of 2024. The company achieved total revenue of 61.7 million yuan during the quarter, an increase of 178.0% over the previous year; the company's operating cash flow turned positive. This is the second consecutive quarter to achieve positive operating cash flow. The number of EH216 series autonomous aircraft sold and delivered was 26, doubling the month-on-month increase from 11 in the first quarter of 2023. Hu Huazhi, Chairman and CEO of Ehang Intelligence, said he will continue to work to push the EH216-S into a new growth stage of commercial operation and promote R&D, testing and airworthiness certification of driverless manned composite wing eVTOL models specially built for intercity traffic.
亿航智能一季度营收同比增长178% 交付26架EH216-S系列产品
Ehang Smart's revenue in the first quarter increased 178% year-on-year, and delivered 26 EH216-S series products
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