Here are the most recent news updates for EHang as of March 29, 2025:
1. **Q4 and Full Year 2024 Financial Results**: EHang reported record-high quarterly and annual revenues for Q4 and fiscal year 2024. Q4 revenues reached RMB164.3 million (US$22.5 million), up 190.2% year-over-year. Full year 2024 revenues were RMB456.2 million, up 288.5% from 2023[1].
2. **2025 Revenue Guidance**: EHang expects total revenues for fiscal year 2025 to be around RMB900 million, representing an increase of approximately 97% year-over-year[2].
3. **EH216-S Operations in Shanghai**: EHang’s flagship EH216-S completed its inaugural demo flight in downtown Shanghai and launched regular trial operations of eVTOL sightseeing routes by the Huangpu River at Longhua Airport[4].
4. **New Manufacturing Partnership**: EHang announced a partnership with JAC Motors and Hefei Guoxian Holdings Company to establish an eVTOL production facility in Anhui province[7].
5. **Stock Performance**: As of March 21, 2025, EHang’s stock (NASDAQ: EH) closed at $23.05, with trading volume of 1,390,078 shares[8].
These recent developments highlight EHang’s continued growth in the eVTOL market and its efforts to expand operations and manufacturing capabilities.