Guangzhou, China – February 25, 2025 – EHang Holdings Limited (Nasdaq: EH), a global leader in Urban Air Mobility (UAM), has signed a strategic cooperation framework agreement with Anhui Jianghuai Automobile Group Co., Ltd. (JAC Motors) and Hefei Guoxian Holdings Co., Ltd. (Guoxian Holdings). The partnership aims to establish a joint venture in Hefei for the construction of an advanced eVTOL manufacturing base.
The new facility will integrate cutting-edge automation and standardisation processes to produce intelligent, pilotless electric vertical takeoff and landing (eVTOL) aircraft. This marks a significant milestone in the evolution of China’s low-altitude economy and supports the broader vision of a multi-dimensional transportation ecosystem.
Strategic Collaboration for Growth
The agreement was signed in the presence of key officials, including Fei Yuan, Vice Mayor of Hefei, alongside senior executives from JAC Motors and EHang. The collaboration is set to enhance research and development, manufacturing, and sales of eVTOL aircraft, with a focus on accelerating technological advancements and industrial growth.
By leveraging Hefei’s new energy vehicle industrial chain and JAC Motors’ automotive manufacturing expertise, the partnership will drive the standardisation of aircraft components and establish unified industry benchmarks. Guoxian Holdings will play a crucial role in facilitating policy support and fostering an environment conducive to innovation in the low-altitude aviation sector.
Scaling Up eVTOL Production
JAC Motors, ranked among China’s top 100 industrial enterprises, will contribute its vast experience in high-volume automotive production, optimising supply chain efficiencies and automation processes for eVTOL manufacturing. Meanwhile, EHang will provide its expertise in eVTOL research and development, airworthiness certification, and operational support.
This partnership builds on Hefei’s existing commitment to urban air mobility. In 2023, the Hefei municipal government collaborated with EHang to establish two UAM eVTOL operation centers. Now, with the launch of this manufacturing facility, the region is set to become a key hub for large-scale eVTOL production, paving the way for future commercial deployment.
Industry Leaders Welcome the Initiative
At the signing ceremony, Fei Yuan reaffirmed Hefei’s dedication to becoming a national leader in the low-altitude economy. “Hefei will support the partnership in advancing eVTOL technology, supply chain development, and industry standards,” he stated.
Xingchu Xiang, Chairman of JAC Motors, highlighted the transformative potential of the collaboration: “By combining Hefei’s industrial strength with our collective expertise, we anticipate the mass production of eVTOLs in Hefei, driving the growth of emerging industries.”
Huazhi Hu, Founder and CEO of EHang, echoed this sentiment, emphasising the role of the partnership in shaping the future of urban air mobility. “Our joint efforts will lay the foundation for intelligent, automated, and environmentally sustainable low-altitude transportation solutions,” he said.
As China moves toward a new era of three-dimensional mobility, the establishment of this eVTOL manufacturing base in Hefei is set to be a landmark achievement, bringing the vision of widespread autonomous air travel closer to reality.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
CAPTION: EHang, JAC Motors and Guoxian Holdings held a signing ceremony for the strategic cooperation framework agreement. SOURCE AND IMAGE: EHANG
