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Flying Cars 2023: Should You Invest In This Hyped Up eVTOL Stock?

EHang Holdings Ltd (NASDAQ:EH) represents a new kind of EV stock.

It leads the Urban Air Mobility sector in China with its autonomous aerial vehicle technology aimed at disrupting transport and logistics, creating smart cities. Yet, many investors believe this EV stock is overvalued at nearly $18 per share.

With the continuing trend of electric vehicles and interest in air taxis, this EV stock is a promising option for investors looking to take advantage of the urban mobility space.

Let’s delve into the facts first in this article.

This post appeared first on InvestorPlace.