EHang Holdings Ltd. · NASDAQ:EH
EHang — Q3 2025 Earnings Presentation
29 slides from EHang's earnings presentation, Nov 26, 2025
Slide 1: EHang – Enabling Safe, Autonomous, Eco-friendly Air Mobility
EHang – Enabling Safe, Autonomous, Eco - friendly Air Mobility November 2025 1
Slide 2: Disclaimer
Disclaimer These materials have been prepared by EHang Holdings Limited (the “Company”) solely for informational purposes and have not been independently verified . No representations or warranties, express or implied, are made as to, and no reliance should be placed on, the accuracy, fairness, comp
Slide 3: EHang: World's leading Urban Air Mobility technology company
EHang （Nasdaq: EH) World's leading Urban Air Mobility (“UAM”) technology company 2014 1st 1st 1st Company Autonomous P ublicly traded Pilotless eVTOL TC , founded eVTOL launched in UAM technology PC, AC and OC 2016 company in 2019 from CAAC 76,000+ 21 S afe, autonomous Countries trial and demo fligh
Slide 4: EH216-S: Pilotless Human-Carrying Multi-Rotor eVTOL for Intra-City Air Mobility
EH216 - S: Pilotless Human - Carrying Multi - Rotor eVTOL for Intra - City Air Mobility 6.05m 5.73m 1.93m 620kg 90km/h 130km/h 30km 25min RMB 2.39mn Aircraft length Aircraft width Aircraft height Maximum take-off weight Maximum cruising speed Maximum design speed Flight range Flight time China marke
Slide 5: EH216-L: Aerial Logistics eVTOL; EH216-F: High-Rise Firefighting eVTOL
EH216 - L: Aerial Logistics eVTOL EH216 - F: High - Rise Firefighting eVTOL 5.61m 5.61m 2.25m 250kg 7.33m 5.61m 2.22m 100L Aircraft length Aircraft width Aircraft height Maximum payload Aircraft width Aircraft height Capacity of onboard fire Aircraft length extinguishing solvent 130km/h 35km 21min 1
Slide 6: VT35: Long-Range Pilotless Passenger Lift-and-Cruise eVTOL
VT35: Long - Range Pilotless Passenger Lift - and - Cruise eVTOL for Inter - city Air Mobility 8.26m 8.16m 3.09m 950kg ≥216km/h ≥200km ≥60min RMB 6.5mn Aircraft length Aircraft width / wingspan Aircraft height Maximum take-off weight Economical cruising Full-Load Range Full-Load Endurance China mark
Slide 7: VT35: Product Features, Development Progress and Cooperation Layout
VT35: Product Features, Development Progress and Cooperation Layout Upgraded from VT30, expanding EHang eVTOL product portfolio to Inter - city air mobility. 1 It will complement the EH216 - S, which is oriented towards intra - city air mobility. VT35 features a tandem - wing layout with a two - sea
Slide 8: Technology Advantages to Ensure Safety and Efficiency
Technology Advantages to Ensure Safety and Efficiency Electric Vertical Takeoff • Green energy, zero carbon emissions, less noise and Landing • No need for large airports or runways • Redundancy extends across propulsion, motors, Full Redundancy Design batteries, sensors, flight controls, and commun
Slide 9: The World's First TC, PC, Standard AC and OC
The World’s First TC, PC, Standard AC and OC for Pilotless Human - Carrying eVTOL Aircraft Type Certificate Production Certificate Airworthiness Certificate Air Operator Certificate Certificate for the manufacturing Certificate for the type Certificate for individual EH216 - S eVTOL operators proces
Slide 10: Strategic Positioning
Strategic Positioning eVTOL R&D Manufacturer ｜UAM Platform Operator ｜Industry Leader of the Low - Altitude Economy Aerial Tourism Emergency Highway Inspection Performance for Medical Attractions/Landmarks Supply Emergency Transportation Flight Command - and - Control Center Express Logistics Powerli
Slide 11: Business Model: Multiple Revenue Streams Driven by eVTOL Sales and Operation Services
Business Model: Multiple Revenue Streams Driven by eVTOL Sales and Operation Services eVTOL R&D, UAM Operation Aircraft MRO System Platform Manufacturing and Sales Services • Pilotless multi - Rotor eVTOL for • Technical services (support for • Aftersales Maintenance, Repair, • Command - and - contr
Slide 12: Massive Unlocked UAM Market Potential
Massive Unlocked UAM Market Potential China's low - altitude economy market size : 2) 1) • 2023 : > RMB500 billion T he global UAM/eVTOL market size: • 2030(estimated): RMB2 trillion • 2030(estimated): US$23bn 3) • 2035(estimated): US$61bn eVTOLs UIO (Unit in Operation) • 2030: 100,000 eVTOLs will e
Slide 13: Urban Air Mobility Use Cases – Passenger Transportation
Urban Air Mobility Use Cases – Passenger Transportation Aerial Tourism Airport Air Shuttle Intra - city Air Taxi Emergency Use 13
Slide 14: Sizable Potential Aerial Tourism Market in China
Sizable Potential Aerial Tourism Market in China Implementation Plan for Promoting Equipment Renewal Estimated Demand for eVTOLs in Domestic Aerial in the Culture and Tourism Sector Tourism Sector National Development and Reform Commission, among other tourism - related administrations 2024.5 Number
Slide 15: Air-Taxi Market Size Estimation in China
Air-Taxi Market Size Estimation in China Number of Ride - hailing Number of Taxis 1.4mn 7.2mn Cars Activity Rate of Activity Rate of Ride - 100% 40% Taxis hailing Cars Sum of Both 4.2+million Penetration Rate of eVTOL 2% 3% Total Air - Taxi eVTOL Demand 80,000+ 120,000+ * By 2027 Source: Ministry of
Slide 16: Urban Air Mobility Use Cases – Aerial Logistics
Urban Air Mobility Use Cases – Aerial Logistics Logistics Transportation at Short - Haul Intra - City Long - Haul Inter - City Mountains and Remote Aeras Logistics Transportation Logistics Transportation 16
Slide 17: Logistics Application Breakthrough with VT20 series
Logistics Application Breakthrough with VT20 series VT 20 Series Achieves First Long - Range Intercity UAV Cargo Route in G reat B ay Area 电动自行车新国标安全技术规范 F irst g roundbreaking long - range UAV Cargo flights in the Greater Bay Area with intercity round - trip between Zhuhai and Guangzhou The one - w
Slide 18: Favorable Policies and Regulations of China to Support UAM / Low-Altitude Economy
Favorable Policies and Regulations of China to Support UAM / Low - Altitude Economy State Council State Council State Council MIIT, MOST, MOF, State Council National Comprehensive 2023 Central 2024 National CAAC NDRC 2025 National Three - Dimensional Economic Work Government Work Implementation Plan
Slide 19: China Government Plans for Infrastructure, Operation and Manufacturing of Low-Altitude Aerial Vehicles
China Government Plans for Infrastructure, Operation and Manufacturing of Low - Altitude Aerial Vehicles By 2027 ： Operational Subsidy By 2026 ： Industry scale to reach - A reward of RMB400,000 for Operational Subsidy Industry scale to reach - launching a new route. Hubei RMB 100 Billion RMB 50 Bill
Slide 20: EHang Actively Engages in Low-Altitude Economy Norms and Trial Project
EHang Actively Engages in Low - Altitude Economy Norms and Trial Project Group Standard for Technical Requirements Special Conditions for EHang EH216 - S Management Rules for Operation of of Electric Vertical Take - off and Landing Pilotless Aircraft System Aircraft (eVTOL) Landing Sites UAVs Pionee
Slide 21: Growing Safe Operational Record
Suigang Port in Guangzhou Liangyun Operation Site in Wuxi Growing Safe Operational Record 40+ operational sites for the EH216 in China and overseas -S Luogang Park in Hefei Longhua Airport in Shanghai 10,000 + safe flights in the first half of 2025 Maintaining a perfect safety record with zero accid
Slide 22: Building a Low-Altitude Ecosystem in Collaboration with Industry Partners
Building a Low - Altitude Ecosystem in Collaboration with Industry Partners Low - Altitude Infrastructure Talent Cultivation China Communications Construction Group • University collaborations to train UAV operators and maintenance • Building Digital UAM Infrastructure: Create an intelligent personn
Slide 23: Production Layout in Multiple Regions and Planning for Capacity Expansion
Production Layout in Multiple Regions and Planning for Capacity Expansion Yunfu Manufacturing Base South Planned expansion to phase II (24,000 square meters), aiming China for a total annual production capacity of 1,000 units by 2025. Collaborated with Enpower on intelligent manufacturing and supply
Slide 24: Industrial Chain Cooperation: Diverse Battery Solutions for eVTOLs
Industrial Chain Cooperation: Diverse Battery Solutions for eVTOLs Multi - channel Cooperation and Multi - directional Layout Fast - charging Semi Solid - State Cylindrical Battery Solid - State Battery Battery Battery Ultra - fast charging / eXtreme Gotion’s newly developed 46 - Solid - state lithi
Slide 25: Strategic Partnership with Changan Automobile on Flying Cars
Strategic Partnership with Changan Automobile on Flying Cars to Create an Innovative Way for Personal Transportation ➢ Explore the establishment of a joint venture focusing on future mobility ecosystem technologies ➢ Collaborate on the research and development, manufacturing, sales, and operation of
Slide 26: Worldwide Footprint with Industry Leading Safe Flight Records of Pilotless eVTOLs
Worldwide Footprint with Industry Leading Safe Flight Records of Pilotless eVTOLs Over 76,000 safe pilotless flights in 21 countries across Asia, Europe, North America, South America and Africa* Estonia Austria Canada USA Mexico Dominican Republic Netherlands B elgium Netherlands Costa Rica Estonia
Slide 27: EHang Launches AAM Sandbox Initiative in Thailand
EHang Launches AAM Sandbox Initiative in Thailand Continuous trial operations with EH216 - S have successfully commenced at the first sandbox area in Bangkok in October 2025 . Under the Initiative, EHang and its local partners plan to expand the sandbox areas to Pattaya, Koh Larn, Phuket, Koh Samui
Slide 28: EHang Investment Highlights
EHang Investment Highlights First - Mover Advantage Mass Production Ability World’s first fully certified human - 1 5 Production expansion plan with flexible carrying eVTOL (TC, PC, AC and OC) “manufacture - to- order” strategy) Vast Market Opportunity Proven Safety Record Massive UAM Market Potenti
Slide 29: Thank You
Thank You www.ehang. com Investor contact: ir@ehang.com Strictly Confidential & Privileged for Investor Conference 29