EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (AAV) technology platform company, has been selected as a key member of the Re.Invent Air Mobility initiative out of 150 applications from 25 countries to build the future urban air mobility (UAM) ecosystem in the capital Paris region of France, in prospect of the 2024 Olympic and Paralympic Games. There are partners from vehicle development, ground infrastructure to airspace integration and operations, including aviation industry giants such as Airbus and Air France. As the only commercialized passenger-grade AAV solution provider and a pioneer of urban air mobility, EHang will take lead in the setup of a whole new transport ecosystem by taking advantage of its rich technical and operational experience. The initiative was launched by the Groupe ADP, RATP Group and Choose Paris Region in order to accelerate the maturity of both the UAM ecosystem and the regulatory framework in the Paris region.

Beginning in June 2021, tests will start to take place in a real aeronautical environment at the area of Pontoise and under supervision of the French civil aviation authority (DGA), supported by the European Union Aviation Safety Agency (EASA) and Eurocontrol. The whole end-to-end process from parking, takeoff and landing operations, as well as operational aspects are to be elaborated, and EHang can provide support with its rich experience that has been already put into practice in China on a broad scale. The exceptional initiative may help create a whole new sector and may make the Paris Region a strong reference in the global market for urban air mobility.