EHang(EH) Newsfilter·2025-01-16 14:21Core Insights - EHang Holdings Limited has successfully completed the inaugural demo flight of its pilotless passenger-carrying aerial vehicle EH216-S in downtown Shanghai, marking a significant step towards urban air mobility (UAM) in major cities [1][2][8] - The company has launched regular trial operations of eVTOL sightseeing routes along the Huangpu River, with plans for commercial operations in Shanghai [1][2] - EHang aims to collaborate with Shanghai Hynfar Aviation and the New Margin Eastwood Fund to develop various low-altitude economy eVTOL operational scenarios across the Yangtze River Delta region [3][8] Company Developments - The EH216-S is the first pilotless eVTOL to receive Type Certificate, Production Certificate, and Standard Airworthiness Certificate from the Civil Aviation Administration of China (CAAC) [8] - EHang's partnership with Hynfar Aviation focuses on expanding eVTOL operations in Shanghai and surrounding areas, promoting air taxi transportation models [3][8] - The company is positioned to leverage its first-mover advantage in the UAM sector, aiming to integrate eVTOLs into daily travel routines for consumers [8] Industry Context - The Action Plan for High-Quality Development of Shanghai's Low-Altitude Economy Industry (2024–2027) aims to establish Shanghai as a leading hub for low-altitude economic activities, with an expected industry scale exceeding RMB50 billion by 2027 [4][7] - The plan includes the goal of achieving over 100 low-altitude flight service applications in commercial scenarios by 2027, providing significant growth opportunities for the low-altitude economy [7] - The initiative promotes pilot projects for commercial passenger transport across major transportation hubs in Shanghai, enhancing the infrastructure for urban air mobility [7]