what is the expected revenue of ehang in 2025

Based **strictly** on the provided context, here are the **official revenue expectations** for EHang in 2025:

### **EHang 2025 Revenue Forecast**
– **Total Expected Revenue**: **RMB 900 million** (~$125M USD at current exchange rates) .
– **Year-over-Year Growth**: **97% increase** vs. 2024 (RMB 456M in 2024) .

### **Key Drivers for Growth**
1. **Capacity Expansion**: Scaling production to meet demand .
2. **Market Expansion**:
– Domestic (China): Bulk preorders (e.g., 1100+ units) .
– International: Operations in 18 countries (e.g., Brazil, Japan, Thailand) .
3. **New Products**:
– **VT-35 long-range eVTOL** (certification expected in 2025) .
– Next-gen solid-state batteries .

### **Profitability Outlook**
– **Quarterly GAAP Profitability**: Targeted in **H2 2025** .
– **Full-Year Profitability**: Expected by **2026** .

*(All figures sourced exclusively from EHang’s earnings calls in the provided context .)*

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