EHang: Solid Q2 Beat As eVTOL Hype Materialized
EHang(EH) Seeking Alpha·2024-08-23 15:07
peepo Introduction EHang Holdings Limited (NASDAQ:EH) is a Chinese start-up focused on developing and manufacturing passenger-carrying eVTOL aircraft. The company's key product is the EH216, a two-seat pilotless multicopter designed for intracity air mobility. The EH216 is also the only eVTOL model in China that has received all certifications for commercial operation. I initiated coverage on EHang in April with a positive view of its first-mover advantage in China's eVTOL market. However, the stock has cor ...