Yong Lin's questions to EHang Holdings (EH) leadership • Q2 2025
Question
Yong Lin from Bank of America asked for a breakdown of the current order backlog between domestic and overseas customers and the expected conversion rate. He also inquired about the company's plans for airworthiness certification and commercialization of the VT20 logistics model.
Answer
CFO Connor Yang stated that the 150 new orders in Q2 are firm purchase agreements, with 90% from domestic clients and 10% from overseas, and noted growing international demand. COO Zhao Wang explained that the currently operating VT20 series are small UAVs not requiring certification. Larger logistic models are in development and will undergo a certification process expected to be faster than previous ones, with a long-term plan for commercialization.