EHang(US:EH) Zheng Quan Shi Bao Wang·2025-10-13 12:26Core Insights - EHang Intelligent (Nasdaq: EH) has launched its next-generation long-range electric vertical takeoff and landing (eVTOL) aircraft, the VT35, with a price tag of 6.5 million RMB in the Chinese market [1] - The VT35 is an upgraded version of the VT30 prototype, designed for mid to long-distance urban air travel, with a maximum range exceeding 200 kilometers, aiming to make intercity air travel as convenient as public transport [1] - The VT35 can utilize various urban landing sites, such as parks and rooftops, enabling point-to-point air travel without the need for dedicated airports [1] Product Development and Market Strategy - EHang plans to develop a tilt-rotor version of the VT35 to expand its application scenarios, establishing a comprehensive commercial ecosystem from hardware to services [1] - The VT35 aims to provide efficient travel solutions for urban and intercity users, particularly in key urban clusters like the Yangtze River Delta and Pearl River Delta, creating an "air traffic one-hour" living circle [2] - EHang's COO stated that the company will collaborate with partners to enhance the commercial value of various application scenarios for unmanned aerial vehicles, promoting a new low-altitude transportation ecosystem [2] Regulatory and Operational Progress - EHang is leveraging its experience with the EH216-S to expedite the airworthiness and commercialization of the VT35, with the Civil Aviation Administration of China (CAAC) having accepted the type certificate (TC) application for the VT35 [3] - The EH216-S has already received the world's first TC, production certificate (PC), and airworthiness certificate (AC) for unmanned eVTOL aircraft from CAAC, with plans for the first operational certificates for manned unmanned aerial vehicles expected in 2025 [3]