EHang reported record Q3 2024 revenues of RMB128.1 million, up 347.8% YoY. The company delivered 63 EH216 series eVTOLs, its highest quarterly volume. Gross profit rose 324.3% YoY to RMB78.4 million with a 61.2% margin. EHang achieved adjusted operating income of RMB9.0 million and adjusted net income of RMB15.7 million.The company made significant progress in eVTOL sales and operations across multiple Chinese cities. It launched a new UAM Hub in Hefei, conducted cross-river flights in Guangzhou, and expanded presence in Shenzhen, Taiyuan, Wencheng and Zhuhai. EHang also advanced internationally with flights in Brazil, Thailand, Japan and the UAE.EHang secured over US$22 million in strategic investments to strengthen its financial position. It partnered with CAFUC for eVTOL talent training and with Enpower for electric motor development. The company also achieved a breakthrough in solid-state battery technology, completing the first eVTOL solid-state battery flight test with 60-90% improved endurance.

EHang reported record Q3 2024 revenues of RMB128.1 million, up 347.8% YoY. The company delivered 63 EH216 series eVTOLs, its highest quarterly volume. Gross profit rose 324.3% YoY to RMB78.4 million with a 61.2% margin. EHang achieved adjusted operating income of RMB9.0 million and adjusted net income of RMB15.7 million.The company made significant progress in eVTOL sales and operations across multiple Chinese cities. It launched a new UAM Hub in Hefei, conducted cross-river flights in Guangzhou, and expanded presence in Shenzhen, Taiyuan, Wencheng and Zhuhai. EHang also advanced internationally with flights in Brazil, Thailand, Japan and the UAE.EHang secured over US$22 million in strategic investments to strengthen its financial position. It partnered with CAFUC for eVTOL talent training and with Enpower for electric motor development. The company also achieved a breakthrough in solid-state battery technology, completing the first eVTOL solid-state battery flight test with 60-90% improved endurance.