### EHang News for Today, April 9, 2025:
**1. EHang Achieves Regulatory Milestone in China**
EHang has become the world’s first eVTOL company to obtain a full suite of regulatory certifications in China, including Air Operator Certificates (OC) from the Civil Aviation Administration of China. These certifications enable EHang to launch commercial passenger-carrying flight services in cities like Guangzhou and Hefei, with plans to expand urban commuting services across China. The company aims to establish low-altitude transportation centers and support local operators in acquiring certifications[1].
**2. Record Financial Performance in 2024 and Ambitious Growth Targets**
EHang reported a 288.5% increase in annual revenues for 2024, reaching RMB456.2 million (USD $62.5 million), alongside a gross margin of 60.7%. The company delivered 216 eVTOL units in 2024, up 315.4% year-over-year. EHang plans to scale up production to 1,000 units annually by 2025 and forecasts 97% revenue growth for FY2025, targeting RMB900 million (USD $123.2 million)[1].
**3. Strategic Partnership to Build Urban Air Mobility Infrastructure**
EHang announced a collaboration with China Communications Information & Technology Group to develop digital urban air mobility (UAM) infrastructure. The partnership includes plans to build 100 intra-city and inter-city air traffic terminals and support low-altitude tourism across National 5A Scenic Areas in China. This initiative incorporates advanced technologies such as 5G and satellite communications[1].
**4. Expansion into Shandong Province with eVTOL Manufacturing Base**
EHang has partnered with Weihai High-Tech Zone in Shandong Province to establish a pilotless eVTOL industrial ecosystem. The deal includes building a manufacturing base and low-altitude economic hub, alongside delivering 30 EH216-S units. The project will integrate low-altitude tourism services across key scenic areas[1].
**5. Collaboration with Universities for Flight Safety Research**
EHang has signed an agreement with the University of Zaragoza in Spain and the University of Guangzhou in China to establish a joint laboratory focused on low-altitude flight safety. This collaboration aims to advance research and development in safety systems for pilotless aerial vehicles[4].