EHang Intelligent Technology has reached a strategic cooperation with Qingdao West Coast New Area and obtained investment

EHang Intelligent Technology has reached a strategic cooperation with Qingdao West Coast New Area, including a $10 million investment. EHang Intelligent Technology plans to develop autonomous aerial vehicle business in the local area and build Qingdao into a star pilot area for urban air traffic demonstration applications. Qingdao West Coast New Area will provide EHang Intelligent Technology with all-round support.