From GlobeNewswire: 2025-05-26 03:37:00

EHang Holdings Limited reported unaudited financial results for Q1 2025. Sales and deliveries of EH216 series eVTOL were 11 units, with revenues of RMB26.1 million. Gross margin increased to 62.4%, but operating loss was RMB89.9 million and net loss was RMB78.4 million. Cash balances were RMB1,114.4 million as of March 31, 2025.

In Q1 2025, EH216-S operators obtained Air Operator Certificates from CAAC for commercial operations. The CAAC accepted VT35 Type Certificate application, with the first unit manufactured for airworthiness validation tests. Production expansion is underway in Yunfu, with plans for a new factory in Hefei.

EHang is expanding its Yunfu production base and planning a new factory in Hefei. The VT35, a long-range eVTOL, is in certification process with CAAC. EH216-S flights were conducted at Shanghai eVTOL Operation Center and in Mexico and Spain. Academic collaborations and low-altitude infrastructure development initiatives are also progressing.



Read more at GlobeNewswire:: EHang Reports First Quarter 2025 Unaudited Financial