Laura Lee's questions to EHang Holdings Ltd (EH) leadership • Q3 2024
Question
Laura Lee of Deutsche Bank asked about the planned 1,000-unit annual production capacity increase, questioning if it includes third-party manufacturing, and requested an update on CapEx for the upcoming year. She also followed up on whether Q4 factory upgrades would cause production downtime.
Answer
CEO Huazhi Hu provided CapEx guidance of approximately $15 million for the current year and $20 million for the next. He confirmed that capacity expansion involves upgrading the Yunfu factory and building new facilities, potentially as joint ventures. He expects minimal production disruption from the upgrades, as the impact has been planned for and will be offset by future efficiency gains.