Ehang Holdings (EH) has released an update.
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EHang Holdings has announced record-high quarterly revenues for the third quarter of 2024, marking a 347.8% increase year-over-year, driven by significant sales of its EH216 series products. The company demonstrated strong operational progress across several Chinese cities, introduced a strategic partnership for eVTOL talent training, and achieved a breakthrough in solid-state battery technology. With a focus on expanding its global presence, EHang is poised for further growth in the urban air mobility sector.
For further insights into EH stock, check out TipRanks’ Stock Analysis page.
