SHANGHAI :
EHang Plans World’s First Airport for AAVs in Chinese Beauty Spot
Dou Shicong
DATE:  Apr 23 2020
/ SOURCE:  Yicai
EHang Plans World’s First Airport for AAVs in Chinese Beauty Spot EHang Plans World’s First Airport for AAVs in Chinese Beauty Spot

(Yicai Global) April 23 -- EHang Holdings, a Chinese developer of autonomous aerial vehicles, intends to build the world’s first airport terminal for AAV services in south China to hasten their use in aerial sightseeing.

EHang will develop the hub with a partner in Hezhou, a historic city rich in forests and mountains in Guangxi Zhuang Autonomous Region, the Guangzhou-based company said in a statement today. EHang will deploy 20 of its two-seater passenger AAVs for aerial sightseeing after the airport opens by the end of this year, it added.

Hezhou is a beautiful city and the combination of EHang’s technology and its natural resources will boost tourism in Hezhou and other cities of Guangxi, according to EHang Chairman and Chief Executive Hu Huazhi.

The three-story terminal building will cover 2,500 square meters. EHang did not reveal the scale of the investment.

Established in 2014, EHang raised USD46 million on its debut on the Nasdaq last December. The company’s latest earnings report showed that revenue jumped 83 percent to USD17.5 million last year. Its net loss narrowed 40 percent to USD6.9 million.

Editor: Peter Thomas

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Keywords:   EHang,Autonomous Aerial Vehicle,\