EHang Holdings Co., Ltd.
Guangzhou, China, April 28, 2024 (Globe Newswire) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s main city air mobility (“UAM”) know-how platform firm. introduced the next: At the sixteenth Chongqing International Battery Technology Exchange Conference/Exhibition, the corporate established a strategic partnership with Guangzhou Greater Bay Technology Co., Ltd. (“Greater Bay Technology” or “GBT”) targeted on ultra-fast charging, EHang’s world’s first ultra-fast charging (“UFC”)/extra-fast charging (“XFC”) battery answer for electrical vertical take-off and touchdown (“eVTOL”) plane. This partnership goals to advertise analysis and improvement and industrialization of eVTOL energy system elements and modules within the UAM discipline and lay a inexperienced basis for business operations in low-altitude economies.
EHang and Greater Bay Technology enter into strategic partnership to collectively develop world’s first ultra-fast/ultra-fast charging battery for eVTOL
(Photo: EHang and GBT collaborate to develop the world’s first ultra-fast/ultra-fast charging battery for eVTOL)
EHang and GBT will collectively develop eVTOL energy cells, batteries, packs, charging piles, and power storage programs that meet the airworthiness requirements of the Civil Aviation Administration of China, primarily based on EHang’s eVTOL plane (together with EH216-S, VT30, and so on.) To do. “CAAC”) and 4H requirements (i.e. excessive power density, excessive cycle life, excessive instantaneous cost/discharge fee, and excessive security), which makes EHang’s adaptation of ultra-fast charging energy batteries to eVTOL plane and recruitment shall be realized. Additionally, each firms will regularly develop quick charging piles, stations and different infrastructure to ascertain an ecology for future business operations.
The energy battery system is among the core elements of an plane, and its efficiency determines the plane’s vary, stability, security, and operational effectivity. The UFC/XFC batteries collectively developed by the 2 firms for eVTOL plane provide all-round benefits when it comes to (i) quick charging speeds, taking solely 5 to 10 minutes to cost from 30% to 80%; anticipated %, (ii) excessive power density of the battery system over 200Wh/kg, and (iii) lengthy cycle life over 2,000 cycle hours. This additional strengthens EHang’s eVTOL product when it comes to security, sturdiness and operational effectivity, and supplies core advantages of comfort, effectivity and economic system for large-scale and high-frequency operations of eVTOL plane at low altitudes in city areas. This will permit us to raised meet the rising demand. Mobility.
GBT President Pei Feng stated: “Battery programs are the ‘base stations’ of fresh power networks, and the velocity of their power stream impacts the effectivity and person expertise of business innovation. GBT has now achieved mass manufacturing of fixed energy excessive fee energy batteries. EHang is the one firm on the planet to have achieved all three certifications for pilotless eVTOL plane for passenger transport, with the cooperation of each events exploring environment friendly working modes for low-altitude transport. Further improvement and development of the UAM trade shall be promoted.”
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Huazhi Hu, Founder, Chairman and CEO of EHang, stated: EHang’s EH216-S is at a vital stage of coming into business operation having obtained all sort certificates, manufacturing certificates and commonplace airworthiness certificates issued by CAAC. Our cooperation will facilitate the institution of a UFC ecology for eVTOL plane, cut back eVTOL charging time, and strengthen the muse for low-cost, large-scale and extremely environment friendly business operations within the low-altitude economic system. ”
About Greater Bay Technology
Greater Bay Technology is the primary privately held, high-tech non-public enterprise with blended possession, cultivated internally by Guangzhou Automobile Group Co., Ltd. (GAC). GBT focuses on the analysis and improvement, manufacturing and repair of eXtreme Fast Charging (XFC) batteries, a brand new technology of breakthrough power storage programs. Currently, he has established three most important product collection: ultra-high velocity, ultra-high velocity and commonplace excessive velocity. GAC’s AION V Plus 70, powered by GBT’s 7-Min (0-80% cost in 7.5 minutes) battery, has set a world document for “Fastest Electric Vehicle Charging Technology” by the World Records Certification Authority (WRCA) . GBT can be actively engaged on growing the capability of its battery cells and battery packs. The first section of building of the newly established headquarters and manufacturing base in Nansha District, Guangzhou City has been accomplished, and operations will start on the finish of October 2023. As the world’s first manufacturing facility specializing in Extreme Fast Charing Power batteries, the overall manufacturing capability of this manufacturing facility is principally 8GWh/12 months.
About EHang
EHang (Nasdaq: EH) is the world’s main city air mobility (“UAM”) know-how platform firm. Our mission is to make air mobility accessible to everybody, secure, autonomous and environmentally pleasant. EHang supplies unmanned aerial automobile (“UAV”) programs and options, together with air mobility (together with passenger transportation and logistics), good metropolis administration, and aviation media options, to clients in quite a lot of industries. EHang’s EH216-S has obtained the world’s first passenger-carrying pilotless eVTOL plane sort certificates, manufacturing certificates and commonplace airworthiness certificates issued by the Civil Aviation Administration of China. As a pioneer of his UAV know-how and business options on the chopping fringe of his UAM trade on the planet, EHang continues to discover the bounds of the sky and make sure that flight know-how advantages our lives in good cities. Masu. For extra data, please go to www.ehang.com.
Safe Harbor Statement
Investor contact: ir@ehang.com
Media Contact: pr@ehang.com
Photos accompanying this announcement can be found at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/62632dde-6b6b-44e9-802c-de503cfdbc72
