US Stock Market Move | The EH216 series eVTOL aircraft has completed over 60,000 safe flights. EHang Holdings Ltd. Sponsored ADR Class A (EH.US) has risen by nearly 4%.

On Friday, EHang Holdings Ltd. Sponsored ADR Class A (EH.US) rose nearly 4% to $18.90. In terms of news, many eVTOL companies used the CCTV Spring Festival Gala to promote their products. EHang showcased the "Seven Aircraft Formation" in Wuhan and performed a "Double Aircraft Dance" near the Guangzhou Tower before midnight. EHang Holdings Ltd. Sponsored ADR Class A Chief Operating Officer Wang Zhao said that EHang's appearance in the Spring Festival Gala greatly increased the public's awareness of the "flying taxi" concept and low-altitude economy due to the Gala's huge viewership. By the end of 2024, the EHang Holdings Ltd. Sponsored ADR Class A EH216 series eVTOL aircraft had completed over 60,000 safe flights in 18 countries worldwide.