Ehang Holdings (EH) has released an update.
EHang Holdings reports a historic 919.6% year-over-year revenue increase for Q2 2024, marking its highest growth ever, alongside maintaining positive operating cash flow for the third consecutive quarter. The company also raised $76.2 million to strengthen its liquidity position and secured a significant production certificate, driving the steady ramp-up of its EH216 series products. With substantial new orders received in China, EHang is propelling forward in the Urban Air Mobility market.
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