EHang: Hollow Order Book and Fake Sales

Hindenburg Research has just released a damning Report that states, in pertinent part, that “92+% of EHang’s claimed 1,300+ unit pre order book is based on ‘dead’ or ‘abandoned’ deals, failed partnerships, and newly-formed customer entities with no no discernible operations.” The Report concludes that EHang seems to have a major credibility issue—whether it be […]