Korean Music Mogul Leads EHang $23 Million Share Placement

Ben Goldstein July 11, 2023

The EH216-S can carry two passengers up to 35 km (22 mi.) at a top speed of 100 km/hr.

Credit: EHang
Chinese autonomous air taxi startup EHang has announced new share subscription agreements for a $23 million private placement with several strategic investors led by famed South Korean music producer and entertainment mogul Lee Soo Man. Gross proceeds from the private placement will be used by the...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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