- A long-term strategic partnership has been established between EHang and Wings Logistics Hub to introduce EHang's autonomous electric vertical-takeoff-and-landing aircraft (“eVTOL”) to the UAE. - Wings Logistics Hub plans to purchase up to 100 units of EH216 series eVTOLs from EHang. Additionally, a long-term strategic partnership has been formed with Wings Logistics Hub, the passenger eVTOLs (smart mobility) and logistics tech subsidiary of Technology Holding Company (“THC”), being the technology arm of EIH Ethmar International Holding. Wings Logistics Hub will cater the passenger eVTOLs and logistic tech functions within EIH Ethmar International Holding. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements.

Source: The North Africa Journal December 18, 2023 11:16 UTC