In Q4 2023, EHang Holdings reported a 260.9% revenue increase to RMB56.6m ($7.97m), exceeding consensus, and obtained the world'
EHang Holdings Ltd, an aerial vehicle technology company, reported a 260.9% year-over-year increase in Q4 2023 revenues to RMB56.6m ($7.97m), exceeding the consensus of $7.83m, while achieving positive operating cash flow. The company obtained the world's first pilotless passenger-carrying eVTOL Type Certificate and Standard Airworthiness Certificate. In FY 2023, total revenues increased 165.0% to RMB117.4m ($16.5m).
March 15, 2024
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