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- Expanded well-rounded product portfolio to capture more market opportunities
GUANGZHOU, China, April 16, 2021 (GLOBE NEWSWIRE) EHang Holdings Limited ( EHang or the Company ) (NASDAQ:EH), the world s leading autonomous aerial vehicle ( AAV ) technology platform company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB54.6 million (US$8.4 million), on par with RMB54.7 million in the fourth quarter of 2019. Revenues from air mobility solutions were RMB33.4 million (US$5.1 million), reflecting a 10.1% decrease year over year mainly due to the resurgence of the COVID-19 pandemic in China in the fourth quarter and its impact on tourism industry customers.
EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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China’s First National Standard for Express Delivery Service by Unmanned Aircraft Jointly .
EHang Holdings LimitedDecember 29, 2020 GMT
GUANGZHOU, China, Dec. 29, 2020 (GLOBE NEWSWIRE) The
Specification for Express Delivery Service by Unmanned Aircraft (the “Standard”) issued by the State Post Bureau of PRC will be effective from January 1st, 2021. The Standard was jointly formulated by industry-leading players including EHang (Nasdaq: EH), JD.com (Nasdaq: JD), and ZTO Express (NYSE: ZTO). As China’s first industry standard for express delivery service by unmanned aircrafts, the implementation of the Standard is of great significance for improving the last-mile delivery service, ensuring the safety of operations, as well as promoting the development of intelligent aerial logistics of urban air mobility (“UAM”) industry.