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Zhuhai Enpower Electric (300681.SZ): plans to establish a joint venture with EHang to engage in in-depth cooperation on the production and manufacturing of eVTOL products as well as the upstream components Industry Chain.
Gelonghui, January 8th丨Zhuhai Enpower Electric (300681.SZ) announced that the company and EHang (Guangzhou) Co., Ltd. (referred to as "EHang") intend to jointly establish a joint venture. Through complementary advantages in capital, technology, management, resources, and brand, they will conduct in-depth cooperation focused on the production and manufacturing of eVTOL products as well as the upstream components Industry Chain. The joint venture will be responsible for the production of various processes and components prior to the final assembly of EHang's eVTOLs, as well as process optimization and technical transformation at EHang's Yunfu factory and other production bases.