EHang Holdings Restricted (Nasdaq: EH) (“EHang” or the “Firm”), the world’s main autonomous aerial car (“AAV”) know-how platform firm, introduced the launch of its personal autonomous city air mobility (“UAM”) providers with its strategic companion Greenland Hong Kong Holdings Restricted (SEHK: 00337) (“Greenland Hong Kong”), an HKEX-listed actual property firm. The trial providers embody an aerial sightseeing program and aerial media exhibits, which can be rolled out within the companion’s tourism actual property mission (Forest Lake) positioned in Zhaoqing, a preferred tour vacation spot metropolis in Guangdong, China. The Firm intends to work collectively with Greenland Hong Kong over time to supply aerial tourism providers utilizing its EH216 AAVs in additional cities.
The collaboration will begin with a flight base in Forest Lake first, independently run by EHang, to supply aerial sightseeing providers to passengers. Forest Lake is positioned near the brand new Zhaoqing-Pearl River Delta-Hub Airport, which is underneath building. The world gives ample tourism sights, together with 7 pure lakes and wetlands masking three million sq. meters. Going ahead, the 2 events will work collectively to commercialize EHang AAV applied sciences in numerous use circumstances together with aerial sightseeing.
As a particular use case of UAM, aerial sightseeing has sturdy demand and large market potential. In early 2017, the Chinese language Ministry of Transport, the Ministry of Tradition and Tourism and the Civil Aviation Administration collectively issued “Ideas on Selling the Built-in Growth of Transportation and Tourism”. This directive supported the event of aerial sightseeing by encouraging key vacationer cities and eligible scenic spots to hold out pilot applications for civil aviation tourism in addition to to open low-altitude flight routes. Low-altitude tourism in China might attain four.2 billion passengers in recent times, resulting in a market dimension of RMB58.5 billion, based on forecasts from the China Air Transport Affiliation.
“Our philosophy for Forest Lake is concentrated on enriching residents’ lives by providing higher cultural and tourism assist. We can assist to attain this aim by our strategic partnership with EHang, which is predicated on intensive analysis and mutual pursuits. We intend to work collectively to make the most of our complementary benefits to attain win-win cooperation,” mentioned Solar Qi, Common Supervisor of Forest Lake.
Edward Xu, Chief Technique Officer of EHang mentioned, “We’re excited to companion with Greenland Hong Kong to launch trial operations of the EH216 and convey our secure, inexperienced and comfy UAM providers to native residents. As an AAV know-how platform firm and a UAM operator, we’re steadily rolling out world trial operations and can additional work with our companions to construct extra UAM networks.”
The Firm sees numerous benefits of its EH216 AAVs to standard single-propeller helicopters, similar to larger security stage, decrease noise stage, decrease prices, and nil emissions. Powered by fossil gasoline, helicopters discharge important quantities of greenhouse gases and have excessive failure dangers. But they’re costlier to function with pilots. Given the important thing benefits, EHang believes its EH216 AAVs have the potential to grow to be a brand new journey car for low-altitude aerial sightseeing.
EHang (Nasdaq: EH) is the world’s main autonomous aerial car (AAV) know-how platform firm. Our mission is to make secure, autonomous, and eco-friendly air mobility accessible to everybody. EHang supplies prospects in numerous industries with AAV merchandise and business options: air mobility (together with passenger transportation and logistics), good metropolis administration, and aerial media options. Because the forerunner of cutting-edge AAV applied sciences and business options within the world City Air Mobility (UAM) trade, EHang continues to discover the boundaries of the sky to make flying applied sciences profit our life in good cities. For extra data, please go to www.ehang.com.
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