EHang (EH) Investor Presentation summary

Market opportunity and industry landscape

• Global UAM/eVTOL market projected to reach $23bn by 2030 and $61bn by 2035, with China's low-altitude economy estimated at RMB2 trillion by 2030.

• Estimated demand for eVTOLs in China's aerial touring sector could reach up to 29,800 units by 2027.

• Air-taxi eVTOL demand in China projected at 80,000–120,000 units by 2027, driven by urban mobility needs.

• Over 59 Chinese cities have prioritized low-altitude economy development, with significant financial support and infrastructure plans.

• Multiple provinces and cities have established industry funds, with some exceeding RMB10 billion, to support low-altitude economic growth.

Product portfolio and technology

• Autonomous eVTOLs include EH216-S for intra-city, EH216-L for logistics, EH216-F for firefighting, and VT-30 for inter-city travel.

• VT35, an upgraded long-range eVTOL, is under flight testing and planned for unveiling in Q3 2025.

• Technology features include full redundancy, autonomous flying, electric propulsion, and advanced fleet management systems.

• EH216-S achieved the world's first type, production, airworthiness, and operator certificates for pilotless human-carrying eVTOLs.

• Solid-state lithium battery partnership enables longer, safer flights, with EH216-S completing a 48-minute test flight.

Business model and strategic positioning

• Revenue streams include eVTOL sales, UAM operation services, MRO, and system platform subscriptions.

• Positioned as an eVTOL R&D manufacturer, UAM platform operator, and industry leader in the low-altitude economy.

• Use cases span passenger transport, aerial tourism, logistics, emergency response, and smart city management.

• Strategic partnership with Changan Automobile targets flying car development and broadens market reach.

• Over 66,000 safe pilotless flights conducted in 19 countries, demonstrating global operational leadership.