EHang and Greater Bay Technology Form Strategic Partnership to Jointly Develop World’s First Ultra-Fast/eXtreme Fast Charging Batteries for eVTOL
GUANGZHOU, China, April 28, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq:EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced that it has established a strategic partnership with ultra-fast charging-focused Guangzhou Greater Bay Technology Co., Ltd. (“Greater Bay Technology” or “GBT”) at the 16th Chongqing International Battery Technology Exchange Conference/Exhibition for the research and development of the world’s first Ultra-Fast Charging (“UFC”)/eXtreme Fast Charging (“XFC”) battery solutions for EHang’s electric vertical takeoff and landing (“eVTOL”) aircraft. The partnership is to promote the research and development as well as industrialization of eVTOL power system components and modules in the UAM sector, laying an ecological foundation for commercial operations of the low-altitude economy.