China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis

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Ehang shares have nearly doubled in price this year, before trading was temporarily halted Monday pending a significant announcement.

Guangzhou-based Ehang on Friday said it received an airworthiness "type certificate" from the Civil Aviation Administration of China for its fully autonomous drone, the EH216-S AAV, that carries two human passengers."Next year we should start to expand overseas," Ehang CEO Huazhi Hu said in an interview, via a CNBC translation of his Mandarin-language remarks.

U.S.-listed Ehang claims it's the first in the world to get such a certificate, which allows it to fly passenger-carrying autonomous "Next year we should start to expand overseas," he said, noting those regulators still need to establish a process for mutual regulation of the Chinese airworthiness certification. That's according to a CNBC translation of his Mandarin-language remarks."in anticipation of an upcoming announcement concerning a very significant development regarding its business operations." Trading was set to resume Friday.The U.S.

Ehang said it has overseas pre-orders for more than 1,200 units, including from customers such as Japan AirX, Malaysian Aerotree and Indonesia's Prestige.

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