EHang Holdings Limited announced that the Company is partnering with the leading fintech group in the MENA region Multi Level Group ("MLG") and the Abu Dhabi Investment Office ("ADIO") to drive eVTOL development in the UAE and beyond. During Abu Dhabi's inaugural DRIFTx event, a global platform to discuss and engage innovations that will shape the future of mobility, ADIO andML signed a trilateral agreement with EHang. EHang is looking to set up their regional headquarters in Abu Dhabi to promote business activities with local partners including manufacturing, flight operations, research and development, training and Maintenance, Repair, and Overhaul ("MRO") facilities.

ADIO will be providing EHang with a comprehensive range of growth-enabling support, including providing data and information related to establishing and operating a manufacturing and industrial services business in Abu Dhabi; setting up enablement and links with the Abu Dhabi ecosystem and international trade opportunities. SVI supports the innovation and the commercialisation of smart and autonomous vehicle technologies in the UAE by providing facilities and value-added services within an enabling regulatory environment. The cluster is located in Abu Dhabi's Masdar City and will include R&D labs.

It will utilise the existing infrastructure within Abu Dhabi for testing and certification, large scale workshops, hangars and manufacturing facilities, which is connected through Abu Dhabi's global logistics network.