EHang and Hefei Government Ink Deal to Establish VT35 eVTOL Hub with RMB 1 Billion Investment
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 using