Based on the provided context, EHang’s expected revenue for 2025 is approximately RMB 900 million, representing a year-over-year increase of ~97% compared to 2024.
### Key Details:
1. 2025 Revenue Guidance:
– RMB 900 million (cited in and ).
– Driven by strong demand for EH216-S eVTOL products, commercial operations readiness, and global market expansion.
2. 2024 Baseline:
– Full-year 2024 revenue reached RMB 456 million (), up 288.5% YoY.
3. Growth Drivers:
– Operator Certificate (OC) progress: Expected to accelerate commercialization ().
– Production scaling: Mass production of EH216-S post-PC certification ().
– Global demand: Orders from China (e.g., Shandong, Zhejiang provinces) and international demo flights ().
### Additional Notes:
– Gross Margin: Remained high (~61% in 2024), supporting profitability ().
– Profitability: EHang achieved positive adjusted net income in 2024 (), a first for the eVTOL industry.
For further details, refer to the earnings call transcripts () or EHang’s IR website.