EHang Holdings Inks Memorandum Of Understanding With Taiyuan Xishan Ecological Tourism Investment Construction, Under Which It Has Received Purchase Order Worth $15.6M For 50 Units Of EH216-S Pilotless eVTOL Aircraft
Portfolio Pulse from Benzinga Newsdesk
EHang Holdings has signed a Memorandum of Understanding with Taiyuan Xishan Ecological Tourism Investment Construction, receiving a $15.6M purchase order for 50 EH216-S pilotless eVTOL aircraft. Xishan Tourism also plans to purchase an additional 450 units over the next two years.
May 31, 2024 | 10:19 am
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EHang Holdings has secured a $15.6M order for 50 EH216-S eVTOL aircraft and a future purchase plan for 450 more units with Xishan Tourism. This partnership is expected to boost EHang's revenue and market presence in North China.
The $15.6M order and the future purchase plan for 450 additional units represent significant revenue and market expansion opportunities for EHang Holdings. This partnership will likely enhance EHang's market presence in North China, positively impacting its stock price in the short term.
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