EHang Holdings Limited (EH) shares are on the rise in pre-market trading after announcing a strategic partnership with Zhuhai Enpower Electric Co., Ltd. The collaboration focuses on developing high-performance electric motors for EHang’s eVTOL aircraft, further boosting the company’s expansion into the air mobility market.
Results for: Air Mobility
Abu Dhabi is set to host the inaugural ‘Women in Aviation Middle East’ conference, a groundbreaking event showcasing the advancements women are making in aviation and air mobility. The conference will explore the unique challenges and opportunities they face, highlighting their vital role in shaping the future of the industry through technological innovations, sustainability, and leadership. This event is a testament to the UAE’s commitment to fostering an inclusive and progressive aviation sector.
Toyota has furthered its commitment to the future of air mobility by investing an additional $500 million in Joby Aviation, a California-based company leading the charge in electric air taxi development. This latest investment brings Toyota’s total contribution to Joby to nearly $900 million, highlighting the Japanese automaker’s belief in the potential of this emerging transportation technology. The partnership aims to accelerate the development and certification of Joby’s electric air taxi, which promises a faster, quieter, and cleaner alternative to traditional ground transportation.