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FutureFlight Weekly News Roundup
FutureFlight.aero's Weekly Advanced Air Mobility News Roundup
EHang's EH-216S eVTOL aircraft
EHang is seeking type certification in China for its two-seat autonomous eVTOL aircraft. (Image: EHang)

EHang Suspends Nasdaq Share Trading Ahead of “Significant Announcement”

Chinese eVTOL aircraft developer EHang suspended trading in its shares on New York’s Nasdaq exchange, citing “an upcoming announcement concerning a very significant development regarding its business operations.” While no further details were provided, the company has long indicated the Civil Aviation Administration of China could be close to issuing type certification of its two-seat, autonomous EH-216S vehicle.

In a statement issued after the stock market opened on Monday morning, EHang said it intends to make an application to Nasdaq to resume trading in its American depositary shares no later than 5 a.m. Eastern Time on Friday, October 13.