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EHang’s Order Book Takes Flight as Cash Pile Glides to Earth

Autonomous air vehicle maker announces major new pre-order from Indonesia and intent form joint venture in Thailand

This article only represents the author's own views.

A look at the latest earnings report from EHang Holdings Ltd. (HANG.US) appears to show a company finally taking off with a flood of new orders for its autonomous mini-helicopters in the first quarter and second quarters. In all honesty, the report does seem rather impressive, as it does appear to show that rewards are finally starting to materialize after years of effort.

The main reason for our slight cynicism is that most of the deals and other major developments discussed in the latest report are actually recycled from the company’s last earnings report, meaning they’re not really so new. But a deal is a deal. And given that not too many people probably follow this company that closely, it’s certainly worth repeating when you get any major new orders.

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