On Monday, ehang (EH.US) quickly rose during the trading session, rising more than 9% to $18.76 by the time of publication.
According to the Securities Times app, on Monday, ehang (EH.US) quickly rose during the trading session, rising more than 9% to $18.76 by the time of publication. On the news front, the State Council Information Office held a press conference recently, where Zhao Zhiguo, the spokesperson of the Ministry of Industry and Information Technology and chief engineer, stated that the next step will be to take multiple measures to expand consumer spending on autos, optimize the management policies for access to auto production. At the same time, new industries and new tracks such as low-altitude economy, commercial spaceflight, and biomanufacturing will be nurtured. Citic Securities pointed out that flying cars, as an important carrier of the trillion-dollar low-altitude economy, have huge potential market size. Leading companies like ehang, Xiaopeng Aviation, Joby, etc., continue to raise funds to advance the airworthiness and mass production of their flying cars.