The company said it is currently in advanced talks with various capital sources.
The plan also reportedly includes ramping up the production of hybrid models in Italy.
Bit Digital missed Wall Street's revenue and earnings per share expectations, as its Bitcoin mining revenue declined by 11%.
EHang’s flagship product is the EH216-S, a two-passenger eVTOL muticopter aircraft deployed for advanced air mobility
Following the mixed results, Paysafe was among the top three trending tickers on Stocktwits before the market opened on Wednesday.
Revenue for the quarter came in at $67.5 million, surpassing the consensus of $65.95 million, while network throughput saw a massive 111% year-over-year growth.
Investors looking for real growth don't have to make it complicated. In fact, they should make a point of keeping it simple.