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EHang (EH) Strengthens Giant Gotion Collaboration to Enhance EH216 Aircraft Performance

EHang (EH) Strengthens Giant Gotion Collaboration to Enhance EH216 Aircraft Performance

Yahoo26-06-2025
EHang Holdings Limited (NASDAQ:EH) is one of Goldman Sachs' top Chinese stock picks. On June 18, the company confirmed the expansion of its strategic collaboration with Gotion High-Tech Co, a leading innovator in power battery solutions.
A large commercial aircraft soaring through the clouds, its window reflecting the clouds and the blue sky.
The enhanced collaboration marks a significant step in the two companies' push to improve electric vertical take-off and landing ('eVTOL') aircraft powering. The company plans to advance the development of power systems for Ehang Holding's flagship EH216 series, a pilotless eVTOL aircraft. The ultimate goal is to enhance the EH216 series range, thrust performance, and operational safety.
EHang Holdings and Giant Gotion also plan to advance a safe, intelligent, and sustainable low-altitude transportation ecosystem by leveraging cutting-edge battery technologies. Gotion is to deliver customized battery solutions tailored for the EH216 to contribute to the high-quality development of the low-altitude economy.
EHang Holdings Limited (NASDAQ:EH) specializes in developing autonomous aerial vehicle (AAV) technology platforms and solutions. It works on urban air mobility (UAM) and offers products and services for passenger transportation, logistics, innovative city management, and aerial media solutions.
While we acknowledge the potential of EH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now.
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To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the 'China Automotive Systems' conference call with pin 489385: Toll Free: 888-506-0062 International: 973-528-0011 China Toll Free: 86 400 120 3199 A replay of the call will be available on the Company's website in the investor relations section. About China Automotive Systems, Inc. Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: Forward-Looking Statements This press release contains statements that are 'forward-looking statements' as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company's actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading 'Risk Factors' in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2025, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could result in delays in the shipment of products to our customers, increase costs and reduce revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise. For further information, please contact: Jie Li Chief Financial Officer China Automotive Systems, Inc. [email protected] Kevin Theiss Awaken Advisors +1-212-510-8922 [email protected] -Tables Follow – View original content: SOURCE China Automotive Systems, Inc.

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