Zhuhai Enpower Electric (300681.SZ) has reached a strategic cooperation agreement with EHang Intelligent in the low-altitude economy field.

Zhuhai Enpower Electric (300681.SZ) announced that the company has signed a "Strategic Cooperation Agreement" with EHang Intelligent Equipment (Guangzhou) Co., Ltd. (referred to as "EHang Intelligence"). Both parties will work together to develop and industrialize the power system for eVTOL products in the low-altitude economic field of urban air transportation. Based on the eVTOL product requirements of EHang Intelligence, they will develop motor products that meet the airworthiness standards of the Civil Aviation Administration, and establish a comprehensive and in-depth strategic partnership. According to the agreement, EHang Intelligence will fully utilize its resources to carry out innovative businesses and market promotion on its behalf. Zhuhai Enpower Electric will be responsible for providing motor products that meet the technical specifications required by EHang Intelligence or its customers. EHang Intelligence will be responsible for the assembly, sales, and other activities related to the electric vertical takeoff and landing aircraft.