EHang Holdings Ltd (NAS:EH)
$ 16.4492 -0.0208 (-0.13%) Market Cap: 1.05 Bil Enterprise Value: 1.02 Bil PE Ratio: 0 PB Ratio: 35.00 GF Score: 57/100
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Q1 & Q2 2021 Ehang Holdings Ltd Earnings Call Transcript

Aug 25, 2021 / 12:00PM GMT
Release Date Price: $25.46 (+0.04%)
Huazhi Hu
EHang Holdings Limited - Founder, Chairman & CEO

(foreign language)

Edward Xu
EHang Holdings Limited - Chief Strategy Officer

(foreign language) Thank you, Mr. Hu. Hello, everyone. I'm Edward Xu, Chief Strategy Officer of EHang. First, I'm glad to help translate the CEO remarks into English.

[Interpreted] Hello, everyone. Thank you all for joining our earnings conference call today. I would like to start by sharing with you our business progress for the first half of 2021, then I will give you some highlights on our business plans for the second half.

As I shared with you in our last quarterly earnings call, EHang had led the way in UAM operation with the aim to become an urban air mobility (UAM) platform operator empowered by our autonomous aerial vehicles (AAVs). To achieve this exciting goal, we have made relentless efforts and careful preparations in the past few months.

As you know, we newly released our VT-30 passenger-grade AAV, as one of our flagship products besides the EH216. The release of the VT-30 fully

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