EHang and China Southern Airlines Sign MoU to Develop Low-Altitude Flight Operations
Portfolio Pulse from Benzinga Newsdesk
EHang Holdings Limited (NASDAQ:EH) has signed a strategic Memorandum of Understanding with China Southern Airlines General Aviation Company Limited to develop low-altitude flight operations using EHang's pilotless eVTOL technology. The partnership aims to establish operation demonstration sites for low-altitude tourism and explore diverse use cases such as inter-island cargo transportation and emergency response.
July 01, 2024 | 9:47 am
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EHang Holdings Limited has signed an MoU with China Southern Airlines General Aviation to develop low-altitude flight operations using EHang's pilotless eVTOL technology. This partnership could enhance EHang's market position in urban air mobility.
The partnership with a major aviation service provider like China Southern Airlines General Aviation is likely to boost EHang's credibility and market position in the urban air mobility sector. The development of demonstration sites and diverse use cases for eVTOL technology could lead to increased adoption and revenue growth for EHang.
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