EHang Intelligent deepens cooperation with Hefei government

EHang Intelligent, a global leader in urban air mobility, recently announced an investment cooperation agreement with the Hefei government. The headquarters for the VT35 series, a new generation of long-range, composite-wing unmanned electric vertical take-off and landing (eVTOL) aircraft, will be located in Hefei. The two parties plan to invest in and build a comprehensive base in Hefei that will integrate R&D, production, airworthiness certification, supply chain management, sales operations, and talent training. The total investment in the project is estimated to be approximately RMB 1 billion. The Hefei government plans to provide EHang Intelligent with comprehensive support totaling approximately RMB 500 million, building a comprehensive low-altitude economic ecosystem.