[Indiscernible Analyst]'s questions to EHang Holdings Ltd (EH) leadership • Q3 2024
Question
An analyst from Citic asked about future CapEx expectations related to the solid-state battery collaboration, the form this collaboration takes, and how the intellectual property rights for any new technology will be divided.
Answer
CEO Huazhi Hu clarified that the collaboration with Inx Energy, supported by the Hefei government, involves R&D spending recorded as R&D costs, not CapEx. He stated that since production is handled via contract manufacturing, there is no associated production CapEx for EHang. He also confirmed that the intellectual property for core technologies developed will be jointly owned by EHang and its partners.