EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash

Chinese flying-car maker EHang Holdings Ltd. has withdrawn its annual revenue target as tighter regulations following a fatal aircraft crash in Beijing have delayed the commercial launch of its passenger-carrying operations.

The pullback highlights the regulatory uncertainties facing the nascent electric vertical takeoff and landing aircraft (eVTOL) industry in China, where a recent safety incident has prompted authorities to take a more cautious approach to low-altitude flights.