On Wednesday, EHang Holdings Ltd (EH.US) fell nearly 2% in pre-market trading to $13.19. The company reported a year-over-year decline in Q3 revenue to RMB 92.5 million, with a net loss of RMB 82.1 million, while delivering 42 autonomous eVTOL units during the quarter.

EHang Holdings stated that most of its eVTOL deliveries for the year are scheduled for Q4 and maintained its full-year revenue forecast of approximately RMB 500 million. As the only certified eVTOL operator in China, the company delivered 42 autonomous eVTOLs in Q3, including 41 EH216-series units and its first VT35. This figure represents a drop from 63 units in the same period last year and 68 units in the previous quarter, impacting the company's financial performance.

Regarding Q3 results, EHang CFO Edward Xu noted that customer procurement plans are primarily annual, with most deliveries concentrated in Q4, hence the unchanged full-year revenue outlook. "With a stronger product portfolio and continuous progress in commercial operations domestically and internationally, we remain confident in sustaining long-term, high-quality growth," Xu emphasized.