On March 21st, EHang, a global leader in urban air mobility (UAM), announced a strategic partnership with Guangzhou Bank, which includes an intended credit of RMB 2 billion. This collaboration aims to leverage the strengths of both organizations and drive the high-quality development of the low-altitude economy.

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.

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."

With Guangzhou’s accelerating push to develop the low-altitude economy, this collaboration will contribute to the city’s transformation into a leading hub for the industry and strengthen its global competitiveness.