EHang Holdings Limited (NASDAQ:EH) shares are trading higher on Friday.
The company announced that Japan’s first urban air mobility, or UAM Center, was established in Tsukuba City, Ibaraki Prefecture.
The center serves as a demonstration flight site, ground infrastructure, and maintenance base for EHang’s various pilotless electric vertical takeoff and landing aircraft in the region, including EH216-S, the company said in a press release.
The establishment of the UAM Center is the result of a strategic partnership between EHang and AirX Inc., a Japanese air mobility digital platform company.
The ...