Continuous adaptation in a dynamic eVTOL sector Reaction to earnings August 26, 2025 03:22 PM GMT EHang Holdings Ltd | Asia Pacific Resilient gross margin in 2Q and lower opex growth ahead: Despite the revenue shortfall, gross margin expanded 0.2ppt YoY/QoQ, to 62.6%, likely thanks to better scale and lower procurement cost. Management now targets <30% opex growth for 2025 (vs. 40% previously), where operating leverage could become more evident in 2H25. Net loss widened slightly: While 2Q25 net loss of Rmb8 ...

The electric vertical takeoff and landing (eVTOL) race is shifting fast, and the skies don't look friendly for U.S. hopefuls Joby Aviation Inc JOBY and Archer Aviation Inc ACHR. Instead, the spotlight is firmly on China's EHang Holdings Ltd EH and Brazil's Eve Holding Inc EVEX, aka Eve Air Mobility, which are emerging as frontrunners in a sector with trillion-dollar ambitions.EHang's First-Mover EdgeJPMorgan analyst Beatrice Lam recently initiated coverage on EHang with an Overweight rating and a $26 price ...