EHang (EH) said Friday it doesn't expect the recent tariff developments between the US and China to materially impact its operations as its "secure and independent" supply chain ensures no disruption from policy changes.
The company said it currently doesn't export its autonomous aerial vehicles or related products to the US, nor does it depend on US-origin parts in manufacturing.
EHang said 95% of its 2024 revenue came from the Chinese market and its core business focuses on urban air mobility offerings in that market.
Shares were down more than 11% in recent Friday trading.
Price: 16.85, Change: -2.10, Percent Change: -11.08
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