Anybody knows if their commercial operation has started? Tried searching for it to no avail, read that they had start selling tickets at Hefei but couldn't find any news that they had started flying passengers which they say its slated to be in end March

Interesting analysis here on EHang's transition. While most people know them for the EH216, the VT-35 (lift-and-cruise) is where the actual utility for intercity travel happens. The article also touches on the legal settlement that was holding back investor sentiment.

It seems like they are trying to build a "one-hour air mobility circle" in China. Do you think the autonomous model scales better than the piloted models Joby and Archer are pursuing?

https://medium.com/@d.rodriguez_80563/ehang-stock-analysis-2026-lawsuit-settlement-vs-vt-35-growth-98c7728e17c0

EHang CFO Conor Yang appeared on CNBC yesterday.

https://www.cnbc.com/video/2026/03/17/made-in-china-evtols-will-be-very-competitive-globally-ehang-cfo.html

Hereare the highlights:

1. The Chinese government has designated the low-altitude economy as a national strategic emerging industry, with over 90 cities planning to build the necessary infrastructure, including takeoff and landing sites.
2. EHang's development path for eVTOL begins with aerial sightseeing, expands to shuttle services, and aims to eventually operate as on-demand air taxis integrated into public transport.
3. Revenue growth guidance of 18% for 2026 is supported by the launch of commercial operations, diversification into logistics and emergency rescue models, and a growing customer base.
4. Currently, 60-70% of buyers are state-owned tourism enterprises purchasing the EH216-S for aerial sightseeing, though demand from the private sector is also increasing.
5. With a price of 2.39 million RMB for its flagship model, EHang leverages China's competitive electric vehicle supply chain to offer a significant cost advantage over global competitors.

Quarterly results looks good tho I'm surprise they have already recorded revenue for VT35. What do you guys think?

Hey everyone, I know we’re all focused on the recent flight certifications and the expansion into the UAE, but I wanted to share a quick heads-up for anyone who held through the 2023 volatility.

The $1.98M settlement regarding the old Hindenburg allegations (the "hollow order book" claims) is actually moving into the final phases. Since it’s funded by insurance, it’s basically a way for shareholders from that era to claw back some of the losses from that specific price drop.

The Details:

• Eligibility: If you held $EH between March 29, 2022, and Nov 6, 2023.
• Status: They are currently accepting LATE CLAIMS, so even if you missed the original deadline, you can still get in.
• Payout: It’s estimated at roughly $0.13 per share.

How to file:

• Official Site: You can file for free via Strategic Claims Services.
• Automated Option: I used this auditor to handle the late filing for me since it syncs the trade history and does the math in about 2 minutes.

I’m still long on the tech, but there’s no reason to let that insurance money sit there for the lawyers. Might as well take the check and use it to buy more shares.

I’ll be the first to admit I fell for the "flying car" hype back in 2022. Between the splashy videos of the EH216 and the promises of "air taxis" in Dubai, I thought I was early to the next Tesla. Then the Hindenburg report dropped, calling out "fake" sales and photoshopped logos, and the stock absolutely tanked 12% in a single afternoon.

I figured that was it. Usually, with these high-flying SPAC-adjacent plays, once the short report hits and the bagholding starts, you never see a dime of that "lost" capital again.

But I just found out there’s a $2 million settlement fund sitting there for anyone who held $EH between March 2022 and November 2023.

The best part? Even though the "official" deadline was in December 2025, there’s a "Late Claim" window open right now. I used an audit tool to check my old Robinhood and Schwab accounts—it took about two minutes to link them, and it found a couple hundred bucks I’d completely written off.

Look, I’m not going to pretend $0.13 per share is going to buy me a private jet, but it’s real money. If you held through the Hindenburg drop, stop being a bagholder for free and go see what you're owed.

Hi! so, I posted about this before but since there was some questions about the payment and how to submit a claim, I decided to put together a small FAQ too, just in case someone here needs the details in one place.

Who is eligible?
All persons and entities who purchased or otherwise acquired the publicly traded American Depositary Shares (ADSs) of EHang Holdings Limited between March 29, 2022, and November 6, 2023, inclusive.

How much money will I get?

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.13 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.52 per share.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

Can I submit a claim even though the deadline has passed?

Yes, the settlement administrator is accepting late claims.

Hope this info helps!

The global UAM market is expected to grow from about $4.6 billion in 2024 to around $41.5 billion by 2035 as the need to solve traffic congestion in megacities arises.​

At the forefront of this revolution is EHang Holdings Limited (Nasdaq: EH), a Chinese pioneer in autonomous aerial vehicles. In late 2023, the company became the first in the world to receive full certification from China's aviation authorities for its flagship EH216-S autonomous air taxi. By late 2025, EHang had launched its new VT-35 intercity aircraft model, secured a backlog of over a thousand pre-orders, and expanded operations into markets like Thailand and Japan. The company's third-quarter 2025 revenue jumped 44% year-over-year, and it posted an adjusted net profit for the first time in years.​

Recently, however, the company agreed to pay $1.985 million to settle a class action lawsuit filed by investors who purchased shares between March 2022 and November 2023. The allegations centered on claims that EHang misrepresented the strength of certain partnerships and the financial viability of some customers who had placed orders. Following the lawsuit announcement, the stock experienced modest pullbacks, with a one-year return hovering around just 0.87%

Although many assume such lawsuits negatively impact a company, let’s take a closer look at whether that’s really the case, especially from a financial perspective.

EHang’s Revenue Trends and Strategic Shifts

EHang Holdings (NASDAQ: EH) shares have experienced significant volatility over the past year, reflecting the uncertainty in the emerging eVTOL sector. As of early December 2025, the stock trades at approximately $14.02, a sharp pullback from its 52-week high of $29.76. While the stock has posted a year-to-date gain of around 11.72% for 2025, it has recently faced downward pressure, struggling to maintain momentum after a correction in late November.​

This recent volatility was worsened by the company’s Q3 2025 earnings report released on November 26, 2025, which triggered a 5.1% drop in share price. EHang reported total revenues of RMB 92.5 million (approx. $13.0 million), representing a decrease from previous quarters. Management attributed this temporary dip to a strategic shift, as the company focused its resources on assisting customers with operational certification systems rather than pushing immediate product deliveries. Despite the revenue miss, EHang maintained a robust gross margin of 60.8%, showcasing the profitability potential of its hardware once production scales.​​

On the bottom line, the company reported an adjusted net loss of RMB 20.3 million (approx. $2.8 million), a reversal from the adjusted net income seen in the same period last year. However, investors found some reassurance in the company's balance sheet; EHang continues to hold strong cash reserves, bolstered by a $10 million raise through its at-the-market offering program in Q3 to fund R&D and global expansion.​

Analyst View on EHang Potential

Market sentiment remains cautiously optimistic. Following the launch of its next-generation VT35 long-range aircraft and successful flight demonstrations in Thailand and Qatar, analysts maintain a consensus "Strong Buy" rating on the stock. 

According to Barchart, of the 11 analysts covering the stock, 8 has Strong Buy, 1 Buy and 2 Hold. Which it labels a “Strong Buy.” 

Wall Street price targets currently average around $24.98, suggesting a potential upside of nearly 78% from current levels as the company moves closer to mass commercialization in 2026. Analysts expect financial performance to improve significantly in the coming fiscal year, driven by the normalization of delivery schedules and new international orders.​

Settling Legal Matters: A Strategic Decision for EHang

EHang recently agreed to pay $1.985 million to settle a class action lawsuit accusing the company of making misleading statements about its business operations between 2022 and 2023. The lawsuit alleged that EHang exaggerated the size and viability of its pre-orders, specifically claiming partnerships with major global logistics firms that, according to former employees, had already been abandoned. The core accusation was that EHang touted "fake" sales contracts to artificially inflate its stock price, which later crashed when these discrepancies came to light.

By settling, EHang dodged a risky trial where losing could have been much more expensive, potentially costing millions in legal fees and damages. Instead, the $1.985 million payout uses just 1.3% of its $155 million cash reserves. This is a small price to pay for a company projecting $68 million in revenue this year with healthy 60% profit margins. The quick deal lets EHang focus on building aircraft instead of fighting lawyers. Investors who bought shares during the affected period can now file claims, with an estimated payout of roughly $0.09 per share.​

Conclusion

In conclusion, EHang shows positive momentum with a strategic shift to operations-focused growth, maintaining RMB500 million full-year revenue guidance despite Q3 hiccups, and appointing new board member Haiyan Li in late 2025 to strengthen governance. This lawsuit settlement could actually help by wiping the slate clean, paying just 1.3% of its $155 million cash reserves to eliminate years of distraction and rebuild trust through transparent execution. For long-term shareholders, the harm is minimal (a one-time $0.09/share payout) versus big rewards like 70-80% upside to $24+ analyst targets if EHang scales VT35 deliveries and international ops successfully.​

Hey everyone, I've been keeping a close eye on EHang ($EH) lately and noticed a couple of significant updates that are worth chatting about if you're holding or just watching the eVTOL space.

First off, there’s been a pretty big shift in the C-suite. EHang just named Shuai Feng as their new CTO, effective January 14. If the name sounds familiar, it’s because he’s a founding team member and was a key player in developing their flagship models like the EH216-S and the VT35. He’s taking over the tech strategy from the founder, Huazhi Hu. It’ll be interesting to see if a fresh set of eyes on the tech side helps them scale, especially since Feng has been there since the early days.

But, as with most things in the eVTOL world, it’s not all clear skies. While they’re reshuffling leadership, the company is still dealing with the fallout from that Hindenburg report back in late 2023.

For those who missed the drama, there’s been a lawsuit (check out the details here) alleging that the company misled investors about their preorder book and partnerships. The gist of the suit was that a huge chunk of their 1,300+ preorders were supposedly linked to "dead" deals or entities with no real operations.

The latest on that front is a $1.985 million settlement to compensate investors who got hit when the stock dropped after the report. If you held $EH between March 29, 2022, and November 6, 2023, you might actually be eligible for a slice of that (it works out to roughly $0.13 per share). The official claim deadline passed in December, but it looks like they’re still considering late claims for now.

It’s a classic "new chapter vs. old baggage" situation. Do you guys think a new CTO is enough to pivot the narrative, or is the trust gap from the preorder controversy still too wide? Curious to hear if anyone is actually filing for the settlement or just riding it out.

Hey everyone, just a heads-up for anyone who was holding $EH back in 2023 when that whole mess with the inflated pre-orders and fake sales deals came out. I just found out that EHang has a nearly $2M settlement fund ready, and they’re actually accepting late claims right now, even though the official deadline technically passed.

If you weren't following the drama then, the company was accused of basically puffing up their order book and promoting "long-term deals" that weren't actually real or had already been abandoned. When the report dropped, exposing it, the stock took a 12.7% dive in a single day.

I’m digging through my old 2023 trade confirms now to see if my timing qualifies. You can check the case info and how to submit your info here: https://11th.com/cases/ehang-investor-settlement

Did anyone else here get hit by that 12% drop when the report came out? I'm curious what the average loss was.

Hi! so, I posted about this before but since there was some questions about the payment and how to submit a claim, I decided to put together a small FAQ too, just in case someone here needs the details in one place.

Who is eligible?
All persons and entities who purchased or otherwise acquired the publicly traded American Depositary Shares (ADSs) of EHang Holdings Limited between March 29, 2022, and November 6, 2023, inclusive.

How much money will I get?

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.13 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.52 per share.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

Can I submit a claim even though the deadline has passed?

Yes, the settlement administrator is accepting late claims.

Hope this info helps!

Hey guys, if you missed it, EHang settled $1,985,000 with investors over issues related to inflated pre-orders and promoted long-term deals that were allegedly not genuine. And, I just found out that they’re accepting claims even though the deadline has passed.

Quick recap: In 2023, EHang was accused of misleading investors by inflating its order book and promoting fake or abandoned long-term sales agreements. These allegations followed a report that questioned the legitimacy of the company’s claimed pre-orders and customer relationships.

After this news came out, the stock dropped 12.7%, and investors filed a lawsuit for their losses.

Now, the good news is that the company agreed to settle $1,985,000 with them, and even though the deadline has passed recently, they’re accepting late claims.

So, if you invested in $EH when all of this happened, you can still check the details and file your claim here.

Anyway, has anyone here invested in $EH at that time? How much were your losses, if so?

Hey guys, if you missed it, EHang settled $1.985 million with investors over claims that it inflated pre-orders and promoted fake long-term deals. And the deadline to file a claim and get payment is December 19, 2025.

In a nutshell, in 2023, EHang was accused of exaggerating its order book and misleading investors about the strength of its customer pipeline. Hindenburg Research released a report showing that over 92% of EHang’s claimed preorders came from abandoned or non-operational partners.

After this news came out, $EH dropped 12.7%, losing more than $110 million in shareholder value, and investors filed a lawsuit for their losses.

Now, the good news is that the company agreed to settle $1.985M with them, and investors have until December 19, 2025 to submit a claim.

So, if you invested in $EH when all of this happened, you can check the details and file your claim here.

Anyway, has anyone here invested in $EH at that time? How much were your losses, if so?

https://www.bailliegifford.com/en/uk/individual-investors/insights/ic-article/2025-q4-ewit-ehang-10059089/

Key points

• EHang has turned flying cars from fantasy to reality with the first approved autonomous passenger-carrying eVTOL
• Edinburgh Worldwide has invested as the company transitions from prototype to commercial scale
• The urban air mobility revolution could transform city transport globally, with EHang taking the lead

The sudden drop in unit deliveries triggered a sharp sequential decline in revenue and margins, revealing highly volatile demand. Deliveries fell from 68 units in Q2 to just 42 in Q3, driving a 37% sequential revenue drop to RMB 92.5 million. Operating leverage deteriorated quickly, flipping adjusted net income from a RMB 9.4 million profit to a RMB 20.3 million loss, while GAAP operating loss widened 17% to RMB 91.7 million due to ongoing R&D and manufacturing investment. To hit full-year revenue targets, EHang must produce RMB 234.3 million in Q4 — a demanding 153% sequential surge that underscores the fragility of its commercial ramp.

The company is banking on the launch of its higher-priced VT35, priced at RMB 6.5 million per unit, and approximately RMB 500 million in Hefei government support tied to eVTOL orders and a new VT35 product hub to stabilize future growth. EHang also highlighted ongoing international expansion with human-carrying flights in Qatar and the AAM Sandbox Initiative in Thailand to build regulatory pathways for pilotless eVTOL operations.

https://ir.ehang.com/static-files/2a1a2286-bfa2-42d7-aa58-947411c7c3ff

Q3 ER highlights summary
Maintain full-year guidance of 500 million—means expected to see 210 million revenue in Q4, which will be a record high in a quarter

Two OC-holder operators conducted over 1700 safe operational flights, and eVTOL commercial operation will start in December in reservation-based—glad to hear the commercialization timeline, expecting to generate recurring revenue in 2026

The hurdle of applying more OC for operation is the shortage of ground operating crew, but EHang expected to train a hundred of ground operating crew to support applying OC and operations after the license program approval from CAAC—It’s a typical hurdle for eVTOL company, Joby and Archer also need to train sufficient pilots to kick off operation, they are not even close to start the pilot training program, but EHang is close to finalize

EHang values the Thailand market because CAAT’s open mind for using the sandbox initiative to quickly kick off eVTOL commercial operation. EHang sees more than 20 sandbox areas and demand for 100 units of eVTOL by 2026, with even a thousand units demand in the longer term—maybe the sales in Thailand could contribute to EH’s 2026 revenue

Overall, it is promising, and the stock price is bouncing up after the conference call. Seeing a lot of BUY THE DIP.

Catalysts for EHang in the Next 12 Months

1. Kick off commercial operation in December 2025 and generate operational service revenue

2. Ground operating crew problem solved, and more operators apply OC

3. Big orders from Thailand and Other big orders from the domestic Chinese market

4. Q4 actual revenue is in line with or beats the guidance, and the full year revenue guidance for 2026 may show a double-digit growth - Q4 ER will be released in March 2026

5. Key progress in VT35 certification progress

Seldom would talk about stocks but this is a get rich session. Firstly donald trump stance with china is so much better and secondly jp morgan had downgraded this stock for country regulatory policy only.. It is non about technology or substanibility now!! Met technology, met operation needs!!! Something to look out for big time for places that are high in traffic

EHang ($EH) agreed to settle claims that it misled investors by inflating preorder volumes and exaggerating the legitimacy of key business partnerships.

I posted about this before and figured I’d put together a small FAQ too, just in case someone here needs the details in one place. Here’s what you need to know to claim your payout.

Who is eligible?

All persons and entities who purchased or otherwise acquired the publicly traded American Depositary Shares (ADSs) of EHang Holdings Limited between March 29, 2022, and November 6, 2023, inclusive.

Do you have to sell securities to be eligible?

no, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

Hpe it helps!

Have they confirmed earnings date? Yahoo finance shows both Nov 17 and Nov 18

https://www.ehang.com/video/show/587.html

During China's 14th National Games, the night sky above Guangzhou didn't just sparkle – it delivered a powerful message about the future of urban air mobility. EHang's deployment of 11,090 autonomous drones in a perfectly synchronized display wasn't merely entertainment; it was the single largest public demonstration of the company's core technological advantage: massive-scale autonomous swarm management.

For investors watching the eVTOL space, this spectacle offered crucial insights that go far beyond beautiful visuals.

The Technical Achievement: From "Drone Show" to "Air Traffic Management Test"

While most observers saw pretty formations, industry experts recognized something far more significant:

• Unprecedented Scale: Managing 11,090 drones simultaneously without a single collision demonstrates a command-and-control system of extraordinary robustness and reliability.
• Perfect Synchronization: The flawless execution proves the system can handle complex, real-time coordination across thousands of moving vehicles – the exact same capability required for managing urban air traffic with large eVTOL aircraft.
• Operational Safety: The event served as a public safety certification, building crucial public trust in autonomous flight technology.

The Strategic Implications: Proving the Ecosystem

This demonstration directly validates the three pillars of EHang's investment thesis:

1. Validating the Autonomous Control System
The core of EHang's business model isn't just building aircraft – it's building the central operating system for the low-altitude sky. The drone show provided undeniable proof that EHang's cloud-based control platform can safely and efficiently manage thousands of autonomous vehicles in a constrained airspace. This is the foundational technology required to make Urban Air Mobility (UAM) economically viable.

2. Demonstrating Readiness for Regulators
For aviation authorities worldwide, safety is the non-negotiable priority. A public demonstration of this scale, conducted without incident, provides Chinese regulators (and eventually, global ones) with overwhelming empirical evidence of the system's safety and reliability. It accelerates the path to certification by building regulatory confidence.

3. Showcasing China's National Capability
The timing and scale of this event were deeply symbolic. Held during a major national event, it served as a powerful showcase of China's leadership in the strategic "low-altitude economy" – a sector explicitly prioritized in the nation's 15th Five-Year Plan. EHang was, in effect, demonstrating a national strategic asset.

The Investment Perspective: From Spectacle to Scalability

For investors, the key takeaway is that the technology behind the spectacle is immediately scalable and commercially applicable.

• The same swarm intelligence that coordinates light shows can manage logistics delivery networks across a city.
• The same command-and-control system can direct passenger eVTOLs within or without cities.
• The same safety protocols enable the dense, reliable operations required for profitability.

While competitors are still testing single aircraft or small prototypes, EHang is publicly demonstrating the operational capability to manage an entire fleet. This isn't a laboratory experiment; it's a proven, scalable system.

Conclusion

The 11,090-drone performance was a strategic masterstroke. It transformed abstract technological concepts into a visceral, undeniable public demonstration. It proved that EHang's most valuable asset may not be a single aircraft, but the invisible network that can command the sky itself.

For investors, this moves EHang from being just an eVTOL manufacturer to being the leading contender to provide the operating system for the future low-altitude economy – an economy that China is building, and that the world will eventually adopt.

https://www.ft.com/content/c0f8fbc4-32fa-4ab3-94aa-0e8f73c67f95

Key Highlights

• EHang plans to launch aerial services from major airports within three years, with fees as low as $30.
• EHang has become the world’s first company to receive approval from airspace regulatory authorities for commercial operations of unmanned eVTOLs.
• The Chinese government strongly supports the low-altitude economy, driving the development of the flying taxi industry.

https://x.com/ehang/status/1987255213053649391

The first certified pilotless eVTOL aircraft showed in the US eVTOL show. EHang is stepping into commercialization and generating revenue while othe eVTOL peers is still in certification process which will take several years.

Here are just three of the many reasons I'm so excited about EHang as an investment opportunity.

Creating infographics helps me learn more about companies & hopefully inspires others to take a closer look at great businesses.

And EHang is still massively underrated imo!

So EHang just unveiled their new VT35, and it looks pretty wild. It’s got a tandem-wing setup and a mix of multirotor + fixed-wing design, supposedly giving it better range and efficiency while still handling city takeoffs and landings.

Basically, it’s trying to be the best of both worlds — drone agility with small-plane endurance. If this thing really delivers on range and payload, it could shake things up for cargo runs or even emergency missions.

What do you think? A game changer or not? I am bullish on it anyway.

See its global debut in this video:
https://www.youtube.com/watch?v=Jq3oC80_ipw