GUANGZHOU, China, July 23, 2025 – EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that the establishment of strategic partnership with Minth Group (HKEX: 00425), a global leader in the manufacturing of exterior and structural automotive parts. In alignment with China’s national strategy to accelerate the development of the low-altitude economy, the two companies will join forces to co-develop high-safety airframe systems for EHang’s electric vertical takeoff and landing (“eVTOL”) aircraft and demonstration scenarios for cultural tourism. By combining technological synergies and industrial innovation, this partnership aims to architect an value chain ecosystem and accelerate the real-world adoption of low-altitude technology.
Image: EHang and Minth Group Sign Strategic Cooperation Agreement
Under the agreement, EHang and Minth Group will jointly develop the airframe systems for low-altitude aerial vehicles, including customized solutions of lightweight and highly secure body design, lightweight and scalable production of cabin interior components,as well as intelligent cockpit human-computer interaction systems, to further enhance the core competitiveness of EHang’s eVTOL products. In addition, leveraging EHang’s pioneering expertise in pilotless human-carrying aircraft, and Minth Group’s proprietary nonlinear dynamic modeling and multi-objective parametric simulation platform, the two parties will focus on the development of rotor systems with high-reliability, low-noise and high-efficiency, committed to breaking through the technical bottleneck of the coordinated optimization of aerodynamic efficiency and operational economy.
Meanwhile, EHang and Minth Group will jointly promote demonstration operation for low-altitude cultural tourism to showcase collaborative innovation results and develop eVTOL urban sightseeing business. A dedicated demonstration base for cultural tourism will be built to showcase the practical use of low-altitude, human-carrying aircraft in real-world UAM scenarios.
Ms. Ching Lien Wei, Chairwoman and CEO of Minth Group, stated, EHang is a pioneer in the low-altitude aviation sector with outstanding innovations and achievements. Minth Group will contributes its over 30-years track record of providing professional automotive component solutions to more than 70 global automotive brands, as well as its global aerospace composite manufacturing network spanning 14 countries. Minth Group will support EHang with high-quality eVTOL aircraft components to architect an value chain ecosystem and accelerate the real-world adoption of low-altitude technologies.
Mr. Shuai Feng, Senior Vice President of EHang, commented, “Minth Group’s mature low-altitude supply chain and advanced R&D capabilities make it a valuable strategic partner for us. Their expertise in developing and manufacturing high-safety airframe systems for eVTOL aircraft，combined with EHang’s pilotless aerial vehicle technologies, will create a synergy effect, building an efficient collaboration model for the low-altitude aircraft industry chain. In addition, Minth Group has also demonstrated unique core competitiveness in the fields of wireless charging and transparent components, offering ample potential for future collaboration.Together, we aim to drive the low-altitude aviation industrial ecosystem forward and unlock new value for the global intelligent manufacturing, creating broader market value.”
About EHang
EHang (Nasdaq: EH) is the world’s leading urban air mobility (“UAM”) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (“UAV”) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang’s flagship product EH216-S has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China (“CAAC”). In 2025, EH216-S eVTOL operators have been granted the first batch of Air Operator Certificates for human-carrying pilotless eVTOL flight services for mass consumers issued by the CAAC. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.
About Minth Group
Minth Group (HKEX: 00425) is one of the leaders in the global supply of automotive exterior and body structure components, committed to providing high-quality and high-performance auto parts for the global automotive industry. Minth Group has 25,663 employees worldwide, arranges four product lines, operates in 14 countries across three continents, and has 77 production bases and offices. Its customers cover more than 70 automotive brands. With its diversified and extensive customer base, Minth Group has made strategic investments in the electric vehicle field and has developed into the world's largest supplier of battery boxes and body structure components. In recent years, Minth has expanded into emerging sectors such as eVTOL, humanoid robotics, and wireless charging with strategic foresight and increased R&D investment, showcasing strong innovation capabilities and long-term growth potential. For more information, please visit www.minthgroup.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
