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EHang Holdings Limited (NASDAQ: EH) is currently at a critical turning point: On one hand, the company recorded a drastic revenue decline in Q1/2025 to only RMB 26.1 million, a significant drop compared to the same quarter last year. The operating loss and net loss have significantly increased. At first glance, the business model does not appear to be sustainably viable. On the other hand, EHang is making history. By issuing the first Air Operator Certificates for autonomous passenger drones by the Chinese aviation authority, a regulatory milestone...
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