EHang partners with China Road and Bridge Corp to expand globally

GUANGZHOU, China - EHang Holdings Limited (NASDAQ:EH), a $1.18 billion market cap company showing impressive revenue growth of 87% over the last twelve months, announced Friday a strategic partnership with China Road and Bridge Corporation (CRBC) to promote its pilotless aerial vehicles internationally and develop infrastructure for low-altitude transportation.

The partnership combines EHang’s autonomous aerial technology with CRBC’s global presence in over 70 countries, where the state-owned enterprise will serve as an agent to market EHang’s products in overseas markets. According to InvestingPro data, EHang maintains strong financial health with a current ratio of 2.5, indicating solid liquidity to support its expansion plans.

As part of the collaboration, EHang conducted its first human-carrying flight of the EH216-S pilotless aerial vehicle in Africa during the Aviation Africa 2025 event in Kigali, Rwanda on September 4-5. The demonstration was attended by Rwandan President Paul Kagame and officials from over 50 countries, marking EHang’s expansion to its 21st country globally.

"CRBC will leverage its extensive overseas network to strengthen cooperation with EHang in the low-altitude economy sector," said Lianzhi Zhao, Deputy General Manager of CRBC, according to the company’s press release.

Zhao Wang, Chief Operating Officer of EHang, stated the partnership would help advance "international certification of eVTOLs and related commercial operation standards."

The EH216-S became the world’s first pilotless, human-carrying electric vertical takeoff and landing aircraft to receive type certification, production certification, and standard airworthiness certification from China’s aviation regulator.

The companies plan to collaborate on promoting sales of EHang’s vehicles, developing application scenarios, and constructing necessary infrastructure to support urban air mobility operations. While EHang currently operates at a loss, InvestingPro analysts project the company to achieve profitability in 2025, with impressive gross margins of 61.5% demonstrating strong operational efficiency. For deeper insights into EHang’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, EHang Holdings reported its second-quarter earnings for 2025, revealing revenue of RMB147 million and an adjusted net profit of RMB9.4 million. These figures represent year-over-year increases of 44% and 683%, respectively. Despite this strong growth, EHang’s revenue did not meet analyst expectations, leading to a notable decline in its share price. Following these results, Jefferies adjusted its price target for EHang, lowering it from $30.40 to $24.38, while maintaining a Buy rating on the stock. The firm’s guidance cut was a significant factor in this decision. These developments indicate a mixed response from the market, highlighting the importance of meeting or exceeding analyst expectations.

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