EHang Holdings Ltd., a leading urban air mobility technology platform company, has announced a significant new investment cooperation agreement with the Hefei government to establish a product hub for its VT35 series in Hefei. This partnership aims to create a comprehensive base for the VT35 series, EHang's latest long-range, lift-and-cruise, pilotless eVTOL products. The initiative will cover research and development, testing, manufacturing, airworthiness certification, supply chain management, sales, operations, and talent development. The total investment is estimated at approximately RMB 1 billion, with the Hefei government providing additional support valued at around RMB 500 million through orders, investments, and other forms of collaboration within the industry chain. This agreement marks a strategic upgrade for EHang's operations in Hefei and is expected to accelerate the industrialization of the VT35 series.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EHang Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9518107-en) on August 26, 2025, and is solely responsible for the information contained therein.