EHang to enter the Thai drone market
Guangzhou, CHINA – Chinese autonomous aerial vehicle technology company EHang Holdings has announced a partnership agreement with a Thai conglomerate to help the drone company penetrate the Thailand drone market.
In the proposed joint venture, Charoen Pokphand Group will help sell EHang drones in the country as well as claim a stake in the drone company’s urban air mobility (UAM) solutions.
The CP Group is a multinational tech and innovative conglomerate based with investments in 21 countries and economies. It is involved in eight business lines and fourteen business groups, covering various sectors that include agriculture and food, retail and distribution, media and telecommunications, e-commerce and digital, property development, automotive and industrial products, and pharmaceuticals.
“The partnership opens up cross-sector cooperation opportunities for CP Group and EHang and sets up a solid foundation for potential use cases for EHang AAVs in various scenarios such as in aerial sightseeing, cargo transportation, last-mile delivery, city air taxi, smart city management, etc. in Thailand and beyond,” the drone company said in a statement.
“The two parties intend to fully leverage their respective expertise and resources in a long-term comprehensive collaboration on AAV product sales and marketing, regulatory compliance, business development, infrastructure deployment, talent cultivation, and so on, for future UAM operations and introduce the safe, autonomous and sustainable air mobility technology and solutions to Thailand as well as more overseas markets.
“The parties expect that their strategic collaboration will unleash UAM solutions’ value-creating potential across multiple industries.”
EHang’s entry into Thailand will add to its expanding footprint into Asia, which include clients and partnerships in Korea, Japan, Malaysia and Indonesia.
“By joining hands with EHang, a global pioneer in the autonomous eVTOL industry, we’ve made a step further toward our commitment to driving our businesses, society, and the environment closer to sustainability and exploring a new zero-carbon air mobility mode for the community,” said Thanakorn Seriburi, Senior Vice Chairman of CP Group.
“Through leveraging EHang’s unique AAV technologies and efficient and eco-friendly UAM solutions for different industries, I believe our partnership will further create synergies among CP Group’s industrial, aviation, smart city, food, retail, pharmaceutical and other business lines, and will unlock opportunities on a diversified UAM ecosystem and facilitate the development of smart cities in Thailand.”
EHang founder, CEO and chairperson Huazhi Hu was thrilled to partner with the CP Group.
“We are thrilled to partner with the CP Group to introduce EHang AAVs to Thailand, one of the largest Southeast Asian markets with great potentials for UAM operations,” Hu said.
“We will work with CP Group, who has a wealth of comprehensive business strengths in their local markets, on extensive and sustainable cooperation in various fields, to take the lead in bringing safe, autonomous and eco-friendly air mobility to Thai industries and society.”