EHang in a Linkedin post of March 21 has announced a strategic partnership with Guangzhou Bank, which includes an intended credit of RMB 2 billion (USD276 million). “The partnership will provide comprehensive financial support to EHang, including credit facilities, settlement and cash management, and industry chain financial services. This will empower EHang to enhance its R&D, manufacturing, sales, and operational capabilities within the low-altitude sector,” said the company.
Huazhi Hu, Founder, Chairman & CEO of EHang, stated, “This partnership expands our financing channels, increases financial flexibility, and accelerates our strategic plans in the low-altitude economy.”
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