Chinese drone startup plans Pacific crossing for IPO

The company is developing multiple models of drones, including one called the EHang 184, which is designed to fly individual passengers in an electric, autonomous vehicle; reports emerged in 2016 that the company hopes to eventually sell the EHang 184 for between $200,000 and $300,000, and more recent coverage indicated the drone has completed more than 1,000 test flights with human passengers, including a near-1,000 foot vertical climb and a cruising test that reached speeds of 80 miles per hour.