EHang Preliminary Q4 Revenues Up 187% YoY

(RTTNews) - EHang (EH) announced the preliminary revenues for the fourth quarter and fiscal year ended December 31, 2024. Total revenues for the fourth quarter are projected to reach RMB 162 million, a year-over-year increase of 187% from RMB 56.6 million in the fourth quarter of 2023. The company expects total revenues for fiscal 2024 to reach RMB 454 million, a year-over-year increase of 287% from RMB 117.4 million in 2023.

EHang said the upward performance reflects stronger-than-expected market demand for EHangs flagship EH216-S pilotless passenger-carrying aerial vehicles, key operational milestones, and growing momentum in the companys business.

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