Quarterly Revenues Increased by 260.9% YoY, 97.8% QoQ, Fiscal Year Revenues Increased by 165.0%Maintained Stable and High Gross MarginAchieved Positive Operating Cash Flow in the Fourth Quarter of 2023Obtained the World's First Pilotless Passenger-Carrying eVTOL Type Certificate ("TC") and Standard Airworthiness Certificate ("AC") for EH216-S from the CAACMoved Forward eVTOL Sales and Operations Partnered with GAC Group to Strengthen Capability for Future Production Expanded to UAE Market GUANGZHOU, China, ...

Exhibit 99.1 EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results • Quarterly Revenues Increased by 260.9% YoY, 97.8% QoQ, Fiscal Year Revenues Increased by 165.0% • Maintained Stable and High Gross Margin • Achieved Positive Operating Cash Flow in the Fourth Quarter of 2023 • Obtained the World's First Pilotless Passenger-Carrying eVTOL Type Certificate ("TC") and Standard Airworthiness Certificate ("AC") for EH216-S from the CAAC • Moved Forward eVTOL Sales and Operations • Partne ...

Exhibit 99.1 EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results • Quarterly Revenues Increased by 260.9% YoY, 97.8% QoQ, Fiscal Year Revenues Increased by 165.0% • Maintained Stable and High Gross Margin • Achieved Positive Operating Cash Flow in the Fourth Quarter of 2023 • Obtained the World's First Pilotless Passenger-Carrying eVTOL Type Certificate ("TC") and Standard Airworthiness Certificate ("AC") for EH216-S from the CAAC • Moved Forward eVTOL Sales and Operations • Partne ...

GUANGZHOU, China, March 08, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading urban air mobility ("UAM") technology platform company, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 on Friday, March 15, 2024, before the U.S. market opens. EHang's management team will host an earnings conference call at 8:00 AM on Friday, March 15, 2024, U.S. Eastern Time (8:00 PM on F ...

Hindenburg Research may be the most famous activist short-selling investment research firm in recent history. Where many short sellers run their due diligence, develop a trade thesis and execute behind the scenes, Hindenburg is happy to bring ts research to wider market attention. Hindenburg was instrumental in highlighting Nikola’s (NASDAQ:NKLA) blatant fraud and Adani Group’s ongoing accounting and stock market manipulations.Where Hindenburg sets its sights, stocks tend to fall. Perhaps that is by design ...

GUANGZHOU, China, Feb. 07, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading urban air mobility ("UAM") technology platform company, today announced a suggested retail price of US$410,000 for its EH216-S pilotless passenger-carrying electric vertical takeoff and landing ("eVTOL") aircraft in global markets outside China, effective from April 1, 2024. (Image: The suggested retail price for EH216-S in Global markets outside China) The EH216-S distingu ...

GUANGZHOU, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading urban air mobility ("UAM") technology platform company, announced the suggested retail price for its EH216-S passenger-carrying unmanned aerial vehicle ("UAV") system in China. Given the market potential and substantial industry scale of China's low-altitude economy, coupled with the global trend of rapid growth in low-altitude aerial services, the EH216-S UAV system's offic ...

Flying cars have long been a staple of science fiction, but in recent years they have started to become a reality. Major flying car stocks are all working to develop and manufacture viable flying car models for the consumer marketplace. With multiple companies competing in the new and unpredictable flying car space, it can be hard for investors to determine which stocks are the smartest buys. However, three companies stand out as particularly strong options in the market.These companies were selected due to ...

Core Viewpoint - EHang Holdings Limited is facing legal scrutiny due to allegations of misleading statements regarding its business partnerships and pre-orders, which have resulted in significant investor losses [2][3]. Group 1: Legal Investigation - Faruqi & Faruqi, LLP is investigating potential claims against EHang and has set a deadline of February 2, 2024, for investors to seek the role of lead plaintiff in a federal securities class action [2]. - The complaint alleges that EHang and its executives violated federal securities laws by making false statements about partnerships with companies like United Therapeutics, DHL, and Vodafone, which have reportedly abandoned their deals [2]. - The lawsuit claims that EHang misrepresented the financial viability of entities that placed pre-orders for its aircraft, leading to materially false and misleading statements about its business operations [2]. Group 2: Market Reaction - Following the release of a report by Hindenburg Research on November 7, 2023, which claimed that over 92% of EHang's reported pre-orders were based on non-viable deals, the price of EHang's American Depositary Shares fell by $1.90, or 12.7%, closing at $13.06 [3]. Group 3: Class Action Details - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of class members, and any member can move the court to serve as lead plaintiff [4]. - Faruqi & Faruqi encourages individuals with information regarding EHang's conduct, including whistleblowers and former employees, to come forward [4].

If you suffered losses exceeding $100,000 investing in EHang stock or options between January 20, 2022 and November 6, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/EH.There is no cost or obligation to you.NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims a ...