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EHang Announces $30 Million Share Repurchase Program Amid Major Advancements in Urban Air Mobility

  • EHang, the Chinese advanced air mobility company, has announced a $30 million share repurchase program.
  • The company has demonstrated confidence with a new UAM facility in Hefei and progress towards mass production of passenger drones.
  • The facility in Hefei will accommodate 10-20 EH216-S unmanned passenger drones and includes waiting, boarding, and ticketing areas.
  • EHang aims to maintain its leadership in providing safe, pilotless, and sustainable eVTOL solutions in the Urban Air Mobility sector.

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