Saudi Arabia is pursuing Archer Aviation, an electric air taxi company, following its partnership with the UAE. Both nations are vying to become the top regional hub, driving investments in aviation technology. Archer is in talks for potential partnerships in several Saudi cities, reflecting the intense regional competition.
Operator: Good day, ladies and gentlemen, thank you for standing by. Welcome to EHang s First Quarter 2024 Earnings Conference Call. As a reminder, we are recording today s call.
Quarterly Revenues Increased by 178.0% YoYAchieved Positive Operating Cash Flow for the Second Consecutive QuarterSecured Production Certificate from CAAC, Clearing Path for Mass Production of.