Yu Chen's questions to EHang Holdings Ltd (EH) leadership • Q2 2024
Question
Yu Chen from Haitong Securities asked for details on the company's plans for EH216 operations, including flight routes and pricing schedules. He also inquired about the current cooperation model with local governments and customers for establishing UAM operation sites and personnel training.
Answer
Founder, Chairman, and CEO Huazhi Hu explained that initial operations will focus on aerial sightseeing in cities like Guangzhou and Hefei, with pricing expected to be highly competitive against helicopters, further supported by government subsidies of RMB 100-300 per flight. He described the cooperation model as a partnership where EHang provides operational support and training, while local partners and governments handle infrastructure, and joint ventures obtain the Air Operator Certificate (OC).