Passenger drone maker EHang expects profits in 2 years

China’s EHang, which can be developing a passenger drone, claims the item will become profitable within the next two years, its co-founder told CNBC.

EHang drew worldwide attention last year at the Consumer Electronics Show in Las Vegas, where the item showcased a drone which has the capacity to carry a human passenger over short-to-medium distances.

The electricity-powered drone, called EHang 184, can carry up to 220 pounds (100 kilograms) of weight for 25 minutes. the item has an average cruising speed of 37 miles per hour (60 kilometers per hour) as well as also includes a ceiling of 500 meters above sea level.

The vehicle can be being considered as a mode of transport for the future in places like Dubai.

“This particular EHang 184 product can be so unique which we need to put a lot of money from the item, as well as also we need to put a lot of engineers,” Derrick Xiong, CEO as well as also co-founder at EHang, told CNBC at the sidelines of the Fortune Global Forum in Guangzhou, China. “We do not make one particular profit coming from which product yet, however all the various other product lines are creating a profit.”

however the company’s target can be to become profitable from the “next two years for sure,” Xiong said.

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