Here are the most relevant recent news updates for EHang as of March 29, 2025:
• **Q4 and FY 2024 Financial Results**: EHang reported record-high quarterly and annual revenues for Q4 and FY 2024, with Q4 revenues up 190.2% year-over-year to RMB164.3 million. The company achieved its first year of non-GAAP profitability and positive operating cash flow[1].
• **2025 Revenue Forecast**: EHang expects fiscal year 2025 revenues to reach around RMB900 million, representing a 97% year-over-year increase[1].
• **eVTOL Deliveries**: EHang delivered a record 78 EH216 series eVTOL units in Q4 2024, bringing the total for 2024 to 216 units[1].
• **Global Expansion**: EHang expanded its EH216-S flight operations to 16 cities across Japan, Thailand, and Mexico. The company also completed Europe’s first urban flight of a pilotless eVTOL aircraft in Spain[1].
• **Manufacturing Partnership**: EHang announced a strategic joint venture with JAC Motors and Guoxian Holdings to construct a state-of-the-art eVTOL production facility in Hefei, China[4].
• **Stock Performance**: EHang’s stock price has shown some volatility, with a recent 7.6% decline reported on March 28, 2025. The company’s market capitalization stood at $1.31 billion[10].