Chinese urban air mobility (UAM) company Ehang plans to launch an initial public offering of shares on the U.S. Nasdaq stock exchange. In a filing with the Securities Exchange Commission (SEC), privately held Ehang says the offering could be worth up to $100 million. Founded in 2014, the Guangzhou-based company has begun production of the single-seat Ehang 184 and two-seat Ehang 216 multirotor electric vertical-takeoff-and-landing autonomous air vehicles (AAVs). The company also is ...

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