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EHang to Sell 30 Electric Vertical Take-Off and Landing Aircraft to KC Smart Mobility
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EHang to Sell 30 Electric Vertical Take-Off and Landing Aircraft to KC Smart Mobility
Jul 19, 2024 5:05 AM

07:43 AM EDT, 07/19/2024 (MT Newswires) -- EHang Holdings ( EH ) said Friday it has entered into an agreement to sell 30 of its EH216-S pilotless electric vertical take-off and landing aircraft to KC Smart Mobility.

The purchased aircraft will be deployed in Hong Kong, Macau, and the cities of Xiangyang and Shiyan in Hubei Province, China, the companies said.

KC Smart Mobility is a subsidiary of Kwoon Chung Bus Holdings, the largest non-franchised bus operator in Hong Kong.

Financial terms of the transaction were not disclosed.

EHang ( EH ) shares were 1.2% higher in premarket trading.

Price: 13.85, Change: +0.27, Percent Change: +1.99

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