EHang Holdings Limited announced that the certified EH216-S pilotless passenger-carrying aerial vehicles have successfully completed debut commercial flight demonstrations in Guangzhou and Hefei respectively, marking another major step towards normalizing flights with EH216-S in aerial sightseeing at local scenic spots. Guangzhou and Hefei are two additional demonstration cities selected for UAM operations in strategic partnership with EHang for establishing a leading presence in the emerging low-altitude economy industry. The events attracted representatives from local governments, the CAAC, various enterprises, media, and citizens, highlighting significant interest in this new way of air mobility.

In addition, Guangzhou Development District Communications Investment Group Co. Ltd. and Guangzhou Industrial Investment Capital announced to jointly set up a Guangzhou Development District Low-Altitude Industry Venture Capital Fund with the target fund size of RMB 10 billion. (EH216-S completion commercial flight demonstration at Hefei Luogang Central Park.) The Luogang Central Park is designated by the Hefei government as an electric vertical take-off and landing ("eVTOL") aircraft operation site for its Full-Space Unmanned System Integrated Application Demonstration Project.

Transformed from the former Hefei Luogang International Airport, the Luogang Central Park is known as the urban central park, covering a total area of 12.7 square kilometers. Abundant application scenarios and massive demands for aerial sightseeing, tourism and regional shuttle services makes the Luogang Central Park an ideal commercial operation site for EH216-S pilot less passenger-carrying eVTOL aircraft. Following the first eVTOL flight route at Luogang Center Park, the Hefei government plans to collaborate with EHang to expand aerial sightseeing flight routes and services to more scenic spots in Hefei, such as Swan Lake, among others.

Based on the strategic partnership agreement with EHang in October this year, the Hefei Municipal Government intends to facilitate the purchase of at least 100 units of EH216 series pilotless aerial vehicles from EHang, and/or provide financing support, amounting up to a total of USD 100 million.