EHang Holdings up as co begins selling flying taxis on Taobao
18/03/2024 09:33
** China's drone maker EHang Holdings EH.O up 12.2% at
$17.24 premarket
** Co begins selling its EH216-S model flying taxi on
e-commerce platform Taobao for 2.39 mln yuan ($332,060), Reuters
checks showed on Monday
** EHang gained safety approval certification from China's
aviation authority in October
** Co reported better-than-expected Q4 revenue
** Stock up 72% over the past 12 months
(Reporting by Medha Singh)
((medha.singh@thomsonreuters.com))