EHang reports record-high revenues, delivery volumes, and positive operating cash flow for 2024.
From GlobeNewswire: 2025-03-12 02:10:00
EHang Holdings Limited reported record-high quarterly and annual revenues, up 190.2% and 288.5% YoY, respectively. They also achieved record-high delivery volumes and reported positive operating cash flow for the 3rd consecutive quarter. Fiscal year 2025 revenues are expected to be around RMB900 million, up 97% YoY. The company also announced operational and financial highlights for the fourth quarter of 2024, including record-high delivery volumes and revenues. They also highlighted their expansion plans, market development efforts, and advancements in technology, such as solid-state lithium batteries. EHang is focused on driving innovation and expanding its operational network to meet increasing demands in the UAM industry.
Read more at GlobeNewswire: EHang Reports Fourth Quarter and Fiscal Year 2024 Unaudited