ATLANTA, GA – – (Newsfile Corp. – February 17, 2021) – – Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased EHang Holdings Limited (“EHang” or the “Company”) (NASDAQ: EH) American depositary shares (“ADS”) between December 12, 2019 and February 16, 2021, inclusive (the “Class Period”). The complaint alleges throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s purported regulatory approvals in Europe and North American for its EH216 were for use as a drone, and not for carrying passengers; (ii) its relationship with its purported primary customer was overstated; (iii) EHang has only collected on a fraction of its reported sales since its ADS began trading on NASDAQ in December 2019; (iv) the Company’s manufacturing facilities were practically empty and lacked evidence of advanced manufacturing equipment or employees; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times. If you purchased ADS’s of EHang between December 12, 2019 and February 16, 2021 and suffered significant losses on that investment, you are encouraged to contact Marshall P. Dees, Esq. at firstname.lastname@example.org or Luke R. Kennedy, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or through www.holzerlaw.com to discuss your legal rights.