EHang expands Vietnam program and gives EHang stock a new market

Published on 10/01/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 203.50 percent quarter over quarter in the second quarter of 2026. EHang stock logged 36 eVTOL deliveries and a 61.20 percent gross margin.

EH, US26853E1029, Illustration mit AI erstellt.

EHang Holdings Limited (ISIN US26853E1029) expanded its Global Fast Track Program to Vietnam on September 29, 2026, adding Hanoi as the second participating country after Sri Lanka. The company plans regulatory sandbox testing for its EH216-S pilotless aircraft, giving EHang stock a new overseas commercialization marker.

Vietnam adds a regulatory test

According to EHang on September 29, 2026, HungViet signed a memorandum with the Hanoi Department of Science and Technology. The arrangement covers controlled test flights, an unmanned aircraft traffic management model and an operations control center model, subject to application and approval procedures.

HungViet is expected to commit technical, financial and human resources starting in October 2026. EHang also identified Ho Chi Minh City and Da Nang as possible expansion locations, while the company plans to support testing with EH216-S aircraft, operating systems and personnel training.

Revenue rebounds but guidance is withdrawn

In the second quarter of 2026, EHang reported RMB 77.9 million in revenue, up 203.50 percent from RMB 25.7 million in the first quarter but down 31.30 percent from RMB 113.3 million in the second quarter of 2025, according to HeliHub on September 4, 2026.

The company delivered 36 eVTOL aircraft in the quarter, including 35 EH216-series aircraft and one VT35, while gross margin was 61.20 percent. EHang withdrew its RMB 600 million full-year 2026 revenue guidance as a more cautious regulatory environment delayed the timing of passenger commercial approvals.

Analysts remain divided

MarketBeat reported on September 12, 2026, that eight brokerages carried an average Reduce rating, with three sell ratings, four hold ratings and one buy rating. The average 12-month price target was USD 7.18.

The market backdrop remains demanding. EHang posted a second-quarter net loss of RMB 128.3 million, while cash, short-term investments and treasury investments totaled RMB 929.4 million as of June 30, 2026. The figures show the tension between expanding international validation and the cash demands of commercialization.

Nasdaq valuation stays below yearly peak

EHang was last quoted at USD 4.22 on Nasdaq on September 30, 2026 at 4:00 p.m. ET, with a market capitalization of USD 156.6 million. Its 52-week range was USD 4.21 to USD 20.20, placing the latest quoted level 79.11 percent below the upper end of that range.