Goldman Sachs China Stocks: 10 Stocks to Buy

8. EHang Holdings Limited (NASDAQ:EH)

Number of Hedge Fund Holders: 16

Goldman Sachs Equity Stake: $2.63 Million

EHang Holdings Limited (NASDAQ:EH) is one of Goldman Sachs’ top Chinese stock picks. On June 18, the company confirmed the expansion of its strategic collaboration with Gotion High-Tech Co, a leading innovator in power battery solutions.

The enhanced collaboration marks a significant step in the two companies’ push to improve electric vertical take-off and landing (“eVTOL”) aircraft powering. The company plans to advance the development of power systems for Ehang Holding’s flagship EH216 series, a pilotless eVTOL aircraft. The ultimate goal is to enhance the EH216 series range, thrust performance, and operational safety.

EHang Holdings and Giant Gotion also plan to advance a safe, intelligent, and sustainable low-altitude transportation ecosystem by leveraging cutting-edge battery technologies. Gotion is to deliver customized battery solutions tailored for the EH216 to contribute to the high-quality development of the low-altitude economy.

EHang Holdings Limited (NASDAQ:EH) specializes in developing autonomous aerial vehicle (AAV) technology platforms and solutions. It works on urban air mobility (UAM) and offers products and services for passenger transportation, logistics, innovative city management, and aerial media solutions.