EHang Intelligent's Q2 revenue increased ninefold, with order backlog exceeding 1,000 aircraft

EHang Intelligent released its second quarter 2024 performance report, showing that its revenue reached 102 million yuan, a year-on-year increase of 919%, exceeding market expectations. Although the net loss was 71.634 million yuan, it narrowed by 5.4% year-on-year, and the adjusted net profit was 1.15 million yuan, turning losses into profits. EHang's flagship product, the unmanned aerial vehicle EH216-S, delivered 49 units in the second quarter, setting a new record, and the order reserve of the EH216 series has exceeded 1,000 units since the third quarter of 2023.