EHang Unveils VT35 eVTOL, Maintains Full-Year Revenue Guidance of RMB 500 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
0mins
Should l Buy EH?
Source: Globenewswire
- Revenue Decline: EHang reported total revenues of RMB 92.5 million (approximately $13.0 million) for Q3, a 28.5% decrease from RMB 128.1 million in Q3 2024, reflecting reduced sales volume of the EH216 series and impacting short-term financial performance.
- Widening Operating Loss: The operating loss for Q3 reached RMB 91.7 million ($12.9 million), a 67.2% increase from RMB 54.7 million in Q3 2024, indicating pressure from market expansion and R&D investments.
- VT35 eVTOL Launch: EHang unveiled the VT35, featuring a design range of 200 km, aimed at expanding urban to intercity air mobility, which is expected to enhance the company's competitiveness in the advanced air mobility sector.
- Global Expansion Plans: EHang launched the AAM Sandbox Initiative in Thailand, aiming to achieve the world's first commercial eVTOL operations through an innovative regulatory framework, marking a strategic move in international market expansion and business development.
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Analyst Views on EH
Wall Street analysts forecast EH stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 11.460
Low
13.00
Averages
21.00
High
26.00
Current: 11.460
Low
13.00
Averages
21.00
High
26.00
About EH
EHang Holdings Ltd is an investment holding company primarily engaged in the provision of unmanned aerial vehicle (UAV) systems and solutions. The Company operates three businesses. The air mobility solutions business is engaged in providing customers with electric vertical takeoff and landing (eVTOL) aircraft products, solutions and operational services for air transportations of passengers, cargos, emergencies and others. The smart city management solutions business is engaged in providing integrated digital platform with customized UAV models as turn-key solutions for monitoring and management across many ordinary municipal functions and public utilities, such as traffic management, powerline inspection, environmental monitoring, firefighting, emergency rescue, aerial mapping and others. The aerial media solutions business is engaged in providing aerial media performances, also known as drone light shows. The Company conducts its business in the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
EHang Showcases Drone Performance at Spring Festival Gala
- Record-Breaking Drone Show: EHang's 22,580 GD4.0 drones set a Guinness World Record for 'most drones airborne simultaneously from a single computer' during the 2026 Spring Festival Gala, showcasing its leadership in drone technology and enhancing brand visibility.
- Human-Carrying Drone Flight: The simultaneous takeoff of 16 EH216-S drones in a perfect circular formation at the Hefei Gala marked the largest public flight of pilotless human-carrying eVTOL aircraft, demonstrating EHang's technological prowess in the low-altitude economy.
- Fusion of Technology and Culture: The GD4.0 drones created an immersive 'aerial theater' through synchronized light choreography integrated with stage design, enhancing the festive atmosphere while showcasing EHang's robust performance capabilities in complex environments.
- Infrastructure Support: Hefei Luogang Park, as a demonstration site for low-altitude economy development, hosts two Urban Air Mobility centers, facilitating EHang's routine drone shows and fostering a citywide ecosystem that integrates low-altitude technology with culture.
See More
EHang Sets Drone Record at Spring Festival Gala
- Drone Performance Innovation: EHang showcased a spectacular performance at the 2026 Spring Festival Gala in Hefei, featuring 16 EH216-S pilotless eVTOL aircraft and 22,580 GD4.0 drones, setting a new world record for simultaneous drone takeoff, highlighting the company's technological strength and innovation in the low-altitude economy.
- Showcasing Technological Strength: This performance not only demonstrated EHang's industry-leading position in drone formation control and precise algorithmic management but also seamlessly blended technology with festive atmosphere through safe and stable flights, enhancing public awareness of autonomous technology.
- Market Potential Realization: Hefei's Luogang Park, as a demonstration site for low-altitude economy development, has become an ideal venue for EHang's routine trial flights and drone light shows, marking the company's ongoing expansion and market penetration in Urban Air Mobility (UAM) services.
- Brand Influence Enhancement: Through this Spring Festival Gala performance and the achievement of a Guinness World Record, EHang has not only elevated its brand recognition but also laid a solid foundation for the future commercialization of pilotless aircraft in passenger transport, logistics, and other applications.
See More
Cathie Wood Doubles Down on Joby Aviation Amid JPMorgan's Short Position
- Investment Clash: Cathie Wood has been steadily increasing her stake in Joby Aviation through ARK Invest, framing it as a core investment in urban air mobility, while JPMorgan has labeled it a short idea due to its high valuation.
- Business Plan: Joby aims to launch commercial operations in Dubai by late 2026, with its first vertiport at Dubai International Airport, showcasing its ambitious plans in the urban air mobility sector.
- Production Expansion: Joby is scaling up manufacturing with a massive 700,000-square-foot facility in Ohio, targeting an increase in production capacity to four aircraft per month by 2027 from the current two, to meet future market demands.
- Market Assessment: JPMorgan critiques Joby's valuation, noting its 14x price-to-book ratio is significantly higher than competitors, while the company remains deeply unprofitable, facing cash burn and dilution risks.
See More
EHang Holdings Appoints Shuai Feng as CTO Effective January 14, 2026
- Leadership Appointment: EHang's Board has approved Shuai Feng as Chief Technology Officer effective January 14, 2026, highlighting the company's commitment to cultivating core technical talent to drive innovation and development.
- Core Team Member: Joining EHang in July 2014, Feng has been a critical member of the founding team, contributing to the development of multiple pilotless human-carrying eVTOL products, thereby enhancing the company's technological capabilities and market competitiveness.
- Supply Chain Management: As the company enters a new phase of commercialization, Feng has taken on key responsibilities in building EHang's procurement and supply chain management systems, ensuring efficient operations under the full-industry-chain integration strategy.
- Compliance and Innovation: Serving also as Compliance Officer, Feng upholds EHang's principles of safety, compliance, innovation, and sustainability through his cross-functional leadership roles, driving dual development in technology and market.
See More
EHang Appoints Shuai Feng as CTO to Advance Technology Strategy
- Leadership Appointment: EHang appointed Shuai Feng as Chief Technology Officer effective January 14, 2026, marking a significant milestone in the company's technology strategy aimed at systematic innovation and industrial implementation.
- Core Technology Development: Since joining EHang in 2014, Feng has played a pivotal role in developing multiple pilotless electric vertical take-off and landing (eVTOL) products, driving the commercialization of global unmanned air mobility and solidifying EHang's industry-leading position.
- Supply Chain Management Enhancement: Under Feng's leadership, EHang has strengthened its procurement and supply chain management systems, significantly enhancing capabilities for key component R&D and scaled manufacturing through improved upstream and downstream coordination and productization efficiency.
- Strategic Vision Continuity: Founder Huazhi Hu stated that Feng's appointment ensures continuity of the company's core technology strategy and talent development philosophy, supporting strategic alignment and disciplined execution as EHang enters a new phase of global expansion and commercial operations.
See More
Earth Harmony Enhances Methylene Blue Supplement Quality with Transparency Standards
- Consumer Interest Surge: The methylene blue supplement category has seen a significant rise in consumer interest, leading brands like Earth Harmony to publish detailed manufacturing disclosures to meet the demand for pharmaceutical-grade standards, thereby enhancing their market competitiveness.
- Importance of Quality Standards: Consumers are increasingly prioritizing USP pharmaceutical-grade standards, demanding third-party testing to verify identity, potency, and purity, a trend that reflects a rigorous scrutiny of supplement quality and may influence industry norms.
- Safety Considerations: Methylene blue supplements carry risks of drug interactions, particularly with certain antidepressants that may lead to serious serotonin syndrome, necessitating consumers to thoroughly understand these risks before making purchases to ensure safe usage.
- Market Education Demand: As interest in methylene blue supplements grows, consumers are developing more specific evaluation criteria for products, emphasizing the need for manufacturing transparency and safety information, which may prompt other brands in the industry to follow suit to enhance consumer trust.
See More
EHang Showcases Drone Performance at Spring Festival Gala
- Record-Breaking Drone Show: EHang's 22,580 GD4.0 drones set a Guinness World Record for 'most drones airborne simultaneously from a single computer' during the 2026 Spring Festival Gala, showcasing its leadership in drone technology and enhancing brand visibility.
- Human-Carrying Drone Flight: The simultaneous takeoff of 16 EH216-S drones in a perfect circular formation at the Hefei Gala marked the largest public flight of pilotless human-carrying eVTOL aircraft, demonstrating EHang's technological prowess in the low-altitude economy.
- Fusion of Technology and Culture: The GD4.0 drones created an immersive 'aerial theater' through synchronized light choreography integrated with stage design, enhancing the festive atmosphere while showcasing EHang's robust performance capabilities in complex environments.
- Infrastructure Support: Hefei Luogang Park, as a demonstration site for low-altitude economy development, hosts two Urban Air Mobility centers, facilitating EHang's routine drone shows and fostering a citywide ecosystem that integrates low-altitude technology with culture.
See More
EHang Sets Drone Record at Spring Festival Gala
- Drone Performance Innovation: EHang showcased a spectacular performance at the 2026 Spring Festival Gala in Hefei, featuring 16 EH216-S pilotless eVTOL aircraft and 22,580 GD4.0 drones, setting a new world record for simultaneous drone takeoff, highlighting the company's technological strength and innovation in the low-altitude economy.
- Showcasing Technological Strength: This performance not only demonstrated EHang's industry-leading position in drone formation control and precise algorithmic management but also seamlessly blended technology with festive atmosphere through safe and stable flights, enhancing public awareness of autonomous technology.
- Market Potential Realization: Hefei's Luogang Park, as a demonstration site for low-altitude economy development, has become an ideal venue for EHang's routine trial flights and drone light shows, marking the company's ongoing expansion and market penetration in Urban Air Mobility (UAM) services.
- Brand Influence Enhancement: Through this Spring Festival Gala performance and the achievement of a Guinness World Record, EHang has not only elevated its brand recognition but also laid a solid foundation for the future commercialization of pilotless aircraft in passenger transport, logistics, and other applications.
See More
Cathie Wood Doubles Down on Joby Aviation Amid JPMorgan's Short Position
- Investment Clash: Cathie Wood has been steadily increasing her stake in Joby Aviation through ARK Invest, framing it as a core investment in urban air mobility, while JPMorgan has labeled it a short idea due to its high valuation.
- Business Plan: Joby aims to launch commercial operations in Dubai by late 2026, with its first vertiport at Dubai International Airport, showcasing its ambitious plans in the urban air mobility sector.
- Production Expansion: Joby is scaling up manufacturing with a massive 700,000-square-foot facility in Ohio, targeting an increase in production capacity to four aircraft per month by 2027 from the current two, to meet future market demands.
- Market Assessment: JPMorgan critiques Joby's valuation, noting its 14x price-to-book ratio is significantly higher than competitors, while the company remains deeply unprofitable, facing cash burn and dilution risks.
See More
EHang Holdings Appoints Shuai Feng as CTO Effective January 14, 2026
- Leadership Appointment: EHang's Board has approved Shuai Feng as Chief Technology Officer effective January 14, 2026, highlighting the company's commitment to cultivating core technical talent to drive innovation and development.
- Core Team Member: Joining EHang in July 2014, Feng has been a critical member of the founding team, contributing to the development of multiple pilotless human-carrying eVTOL products, thereby enhancing the company's technological capabilities and market competitiveness.
- Supply Chain Management: As the company enters a new phase of commercialization, Feng has taken on key responsibilities in building EHang's procurement and supply chain management systems, ensuring efficient operations under the full-industry-chain integration strategy.
- Compliance and Innovation: Serving also as Compliance Officer, Feng upholds EHang's principles of safety, compliance, innovation, and sustainability through his cross-functional leadership roles, driving dual development in technology and market.
See More
EHang Appoints Shuai Feng as CTO to Advance Technology Strategy
- Leadership Appointment: EHang appointed Shuai Feng as Chief Technology Officer effective January 14, 2026, marking a significant milestone in the company's technology strategy aimed at systematic innovation and industrial implementation.
- Core Technology Development: Since joining EHang in 2014, Feng has played a pivotal role in developing multiple pilotless electric vertical take-off and landing (eVTOL) products, driving the commercialization of global unmanned air mobility and solidifying EHang's industry-leading position.
- Supply Chain Management Enhancement: Under Feng's leadership, EHang has strengthened its procurement and supply chain management systems, significantly enhancing capabilities for key component R&D and scaled manufacturing through improved upstream and downstream coordination and productization efficiency.
- Strategic Vision Continuity: Founder Huazhi Hu stated that Feng's appointment ensures continuity of the company's core technology strategy and talent development philosophy, supporting strategic alignment and disciplined execution as EHang enters a new phase of global expansion and commercial operations.
See More
Earth Harmony Enhances Methylene Blue Supplement Quality with Transparency Standards
- Consumer Interest Surge: The methylene blue supplement category has seen a significant rise in consumer interest, leading brands like Earth Harmony to publish detailed manufacturing disclosures to meet the demand for pharmaceutical-grade standards, thereby enhancing their market competitiveness.
- Importance of Quality Standards: Consumers are increasingly prioritizing USP pharmaceutical-grade standards, demanding third-party testing to verify identity, potency, and purity, a trend that reflects a rigorous scrutiny of supplement quality and may influence industry norms.
- Safety Considerations: Methylene blue supplements carry risks of drug interactions, particularly with certain antidepressants that may lead to serious serotonin syndrome, necessitating consumers to thoroughly understand these risks before making purchases to ensure safe usage.
- Market Education Demand: As interest in methylene blue supplements grows, consumers are developing more specific evaluation criteria for products, emphasizing the need for manufacturing transparency and safety information, which may prompt other brands in the industry to follow suit to enhance consumer trust.
See More
