EHang Forms Strategic Cooperation with the Management Committee of Guangzhou Airport Economic Zone, Guangzhou Development District Administrative Committee, and GAC Group to Scale Up New Quality Productivity and Promote High-Quality Development for

GUANGZHOU, China, Feb. 06, 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 signed a strategic cooperation agreement (the “Agreement”) with the Management Committee of Guangzhou Airport Economic Zone, the Administrative Committee of Guangzhou Economic and Technological Development District (“Guangzhou Development District Administrative Committee”), and Guangzhou Automobile Group Co., Ltd. (601238.SH, 02238.HK, “GAC Group”). All parties will fully leverage their respective strengths and resources to jointly create a robust low-altitude industry ecosystem, which will contribute to Guangzhou’s leadership in the trillion-dollar low-altitude sector and facilitate the high-quality development of the low-altitude economy.

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