Advanced Air Mobility News

EHANG to Report Q2 2022 Financial Results

EHANG to Report Q2 2022 Financial Results

China-based EHang Intelligent announced that it will report its second quarter 2022 financial results on August 18, 2022, before the opening of the US market.

EHang Intelligent reported revenue of USD$0.9 million in the first quart. Operating expenses such as management decreased significantly quarter-over-quarter, with the adjusted net loss coming in at USD$6 millon, a quarter over quarter decrease of 50%.

EHang Intelligent is a global leader in intelligent autopilot aircraft technology. Founded in 2014, it is committed to making safe, automatic and environmentally friendly air mobility available to everyone. Its aircraft include the EH216, a short- and medium-range manned-class eVTOL, which sells for roughly USD$300,000.

So far in 2022 EHang recieved 210 new orders for the EH216.